What Are The Meritocracy Pros and Cons?

Last Updated on January 6, 2023 by Lily Connel

Meritocracy is a system in which people are rewarded based on merit, ability, and effort. This sounds like a great idea in theory. However, Meritocracy Cons is crediting a person based on his/her achievements and merit.

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The Pros and Cons of a Meritocracy – The Table

SerialMeritocracy ProsMeritocracy Cons
1.Meritocracy encourages individuals to strive for success and excellence.Meritocracy can create an unhealthy competitive atmosphere where people are constantly striving to be better than others rather than working together.
2.Meritocracy ensures that the most talented individuals are rewarded.Meritocracy can lead to elitism and cronyism, where those in power favour certain individuals over others.
3.Meritocracy promotes equality of opportunity and allows people to advance based on their skills and abilities.Meritocracy can be seen as unfair, as not everyone has the same opportunities or access to resources that allow them to excel.
4.Meritocracy rewards hard work and dedication, allowing those who put in the effort to see results.Meritocracy can lead to a lack of diversity in certain fields, as only those with specific skills and abilities may be able to progress further.
5.Meritocracy helps to reduce social inequality, as it gives everyone the same chance to succeed regardless of their background or financial situation.Meritocracy may reward those who do.
6.Healthy competition can be a good thing for businesses and organizations because it can help to improve performance. Businesses and organizations may find it challenging to implement a meritocracy because it requires a lot of planning and coordination.
7.Businesses and organizations implementing a meritocracy often find that they can promote growth more effectively. Even though a meritocracy may have good intentions, it can sometimes lead to unforeseen and negative consequences.
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Meritocracy can have some potential drawbacks that should be considered before implementing this system. However, a meritocracy can benefit businesses and organizations by promoting growth, healthy competition, and innovation if done correctly.