Are nearly half the employers out there failing to give their employees what they need in order to experience career advancement?
That's the implication of a Towers Watson Talent Management and Rewards Survey of 160 U.S. and Canadian businesses. When asked whether they thought their workers were "able to achieve career advancement given the structure and tools currently in place," 44 percent said "no." Perhaps more disturbing, 37 percent said they didn't think their employees know how to influence their own career trajectories.
That's tough from a retention standpoint. These respondents listed career development potential as a huge factor in an employee's decision to take a job. They also reported that lack of career advancement was the No. 1 reason employees cited for deciding to leave for another job.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
