CONCLUSION
A Rising Tide of Talent
Opportunities for advancement are important, especially to top talent. They’re driven to achieve and desire recognition for their contributions. One of the ways they receive recognition is through advancement. Promotions provide proof that they’re valued by your organization, and give them an opportunity to take on new challenges.
Without clear advancement opportunities, your best employees could believe they’ll be forever stuck in their current roles. Seeing no way to climb up your org chart, they’ll leap into other jobs outside your company. That’s why a lack of advancement opportunities is a frequent cause of employee turnover.
Designing a career path is but one part of advancing employees’ careers. Another ...
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