Only 25 percent of companies that put a career management program in place and use it actually bother to track the results.
That's one of the rather alarming findings of a large-scale study by Towers Watson designed to divulge how seriously employers take career development. For this group, the report back is that about half seem to be paying lip service to a function they believe is very important to the company's mission.
The Towers Watson Global Talent Management and Rewards Survey gathered input on the subject from 1,637 companies worldwide, including 337 mid-to-large-sized U.S. employers. Managers, top executives and rank-and-file employees participated.
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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.
