Building Career Pathways
Executives ignore internal promotions at their own risk. Low levels of support and growth are significant factors driving employees to leave organizations. To put this in perspective, a 2021 Pew Research survey found that 63% of former employees quit due to the lack of career advancement. Despite facing record levels of high turnover, many companies persist with traditional methods to retain and attract talent. It’s a quitting trend that just won’t stop quitting. In this blog, we will discuss how traditional employers can shift the paradigm and adopt a more systematic approach to support long-term career growth and development. By doing so, they can better align with the evolving expectations of the workforce and effectively address the ongoing talent shortages.