Hiring and retaining capable employees is one of the most challenging tasks facing managers in the business world today.

Implementing a probation period at work is one course employers can take to assure that they hired the right employee. However, there are both advantages and disadvantages to probation periods at work.

Evaluation

The most significant and fundamental benefit of probation periods at work is the ability of an employer to evaluate employee performance without significant risk.

Termination

Another positive aspect associated with a probationary period is that the employer is capable to terminate the employee without repercussion during the evaluation term.

Resignation

On the flip side, a disadvantage of probation periods at work is that an employee can resign at will, leaving the employer with an unexpected vacancy.

Economic Pros

A probationary period has financial benefits: an employer need not make a significant financial investment (benefits, for example) in an employee until the examination period ends.

Economic Cons

A probationary period does require an employer to make at least some financial investment that can be wasted if the employee elects to walk away from the position at will.