[Slideshare] Cracking The 'Career Pathing' Code
According to a 2022 McKinsey study, the primary reason employees quit their jobs is a lack of career advancement. As such, career pathing is essential for organisational success.
As your workforce evolves, the desire to grow their professional careers significantly increases employee satisfaction. When employees have clear opportunities to advance and set career goals within your organisation, it creates a sense of purpose and direction. Conversely, when employees feel stuck without access to meaningful career growth opportunities, they're much more likely to seek opportunities elsewhere, potentially leaving the organisation. This turnover not only disrupts productivity and morale but also brings about considerable costs of recruiting, training, and onboarding new staff. As a forward-thinking organisation, you must be increasingly focused on cultivating a work environment that fosters career growth. By providing necessary support and a clear-cut path for career development, you not only retain valuable talent but also create a culture of engagement and loyalty among employees.
As a business leader, how do you plan and implement an effective career pathway for your team?
How do you crack the 'Career Pathing' Code?
Career pathing involves deliberate investment in your team to get them to where they want to be professionally. Implementing an effective career path provides a win-win situation as it not only creates a roadmap for your team to fulfil their career aspirations but also prepares them to succeed in advanced positions in your organisation, ensuring continuous business growth.
Download this deck to learn how to put career pathing into practice in your organisations.
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Persistent uncertainty, a multigenerational workforce, and shorter shelf life for knowledge have placed a premium on reskilling and upskilling. This great shift means that a vibrant workforce is more important than ever.
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