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Tales from the Corporate Frontlines: Career Opportunity and Employee Retention
This article relates to the Career Opportunities competency and explores issues such as internal growth opportunities, potential for advancement, career development importance, and the relationship between job performance and career advancement. Evaluating the Career Opportunities competency in your organization will determine whether your employees believe they have a chance to grow within the organization. Studies show that lack of career opportunity is one of the top reasons why employees leave an organization. Also, continually hiring open positions from outside the organization can be detrimental to morale when a qualified candidate is available internally. Topics covered in this competency are: perceived opportunity for advancement, existence of a career development plan, and organizational commitment to staff development. This article, Career Opportunity and Employee Retention, is part of AlphaMeasure's compilation, Tales From the Corporate Frontlines. It tells how one company changed procedures to offer new kinds of career opportunities to its workers and improve overall employee retention. Anonymous Submission Career Opportunity and Employee Retention Over the past decade, the company where I work has been through plenty of changes with regard to the way it hires, promotes, and utilitizes its greatest asset---its workers. "Human capital" is the phrase often used in corporate literature. I'm not sure that I like the sound of it, but I must admit, it's an accurate description. As a human resources manager, I was asked to review the results of our recent employee satisfaction survey and choose one category of interest and prepare a report outlining possible solutions. I chose employee retention, because the survey indicated that many employees were leaving or looking for new positions elsewhere because they felt a lack of career opportunity in their current positions. Upper management had recently issued a directive---No new promotions into management for the foreseeable future. We were already overstaffed and the budgets would not permit any more spending in this area. So, I set out to find some ways to make changes that would allow employees to learn, grow, and feel fulfilled without becoming a member of management. Together with a few HR coworkers, I conducted a focus group. The findings may be valuable to companies in similar circumstances. * Employees don't expect a lifetime commitment from your company. But they do appreciate the chance to learn new skills on the job that will make them more marketable in the future. Practices like cross training and adding increased responsibility give employees the opportunity to show what they can do, and if they are eventually chosen for management, they will be better qualified.* Employees want to learn more about the business they work for, as a whole. Once they learn the big picture, they feel empowered to make valuable contributions in terms of how they can perform more creatively and efficiently. Eventually, we developed a series of policy changes that brought our company current with the changing structure of business today. To create more opportunity for our employees, we offered cross training and lateral job move options, as well as information groups and training sessions to let employees in on company wide business practices, procedural changes, and new opportunities as they became available. As a result, morale, retention, and productivity have improved greatly. © 2005 AlphaMeasure, Inc. - All Rights Reserved This article may be reprinted, provided it is published in its entirety, includes the author bio information, and all links remain active. Measure. Report. Improve your organization with AlphaMeasure employee satisfaction surveys. Josh Greenberg is President of AlphaMeasure, Inc. AlphaMeasure provides organizations of all sizes a powerful web based method for measuring employee satisfaction, determining employee engagement, and increasing employee retention. Launch your employee satisfaction surveys with AlphaMeasure.
MORE RESOURCES: Careers at Givaudan Givaudan Careers Oaktree Capital Meet Native American Veterans where they live with a VA career VA.gov Home | Veterans Affairs Careers | Career Opportunities West Virginia University I moved to Alaska after college for a job. I lost all my friends because I put my career first. Business Insider Jobs City of Rochester (.gov) 15 Companies Offering Health Insurance to Part-Time Workers U.S News & World Report Money Careers at TWU Texas Woman's University Careers at FEMA FEMA Careers at Willamette my.willamette.edu Physicians are the nation’s top earners – a slideshow Medical Economics Jobs and Training at FDA FDA.gov Jobs at Liberty University Liberty News City of Tampa Careers City of Tampa Careers at VA VA.gov Home | Veterans Affairs Job Seekers University of Illinois Urbana-Champaign Healthcare Jobs at Novant Health | Novant Health Novant Health Struggling Entertainment Workers Are Fleeing Hollywood — but Some Employers Balk at Showbiz Backgrounds Hollywood Reporter Careers BASF Careers at University of Missouri Health Care | University of Missouri Health Care jobs University of Missouri Health Care MPP Employment Data USC Sol Price School of Public Policy Nursing jobs VA.gov Home | Veterans Affairs Career Opportunities UMHB Jobs at BCA Minnesota Department of Public Safety Statement by Acting Secretary of Labor Julie Su on October jobs report US Department of Labor Careers at Union | Human Resources Union College Careers West Virginia Department of Education Careers Washington State University Employment Services American Mathematical Society Recruiters urge candidates to use AI to apply for jobs Financial Times US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls The Associated Press Working for ICE U.S. Immigration and Customs Enforcement Newsroom Work at DHS: Career Opportunities Wisconsin Department of Health Services Employment Statistics Columbia SIPA October 2024 jobs report: How two major hurricanes, labor strike might affect the numbers - NBC News UF Health Careers UF Health - University of Florida Health Employment benefits VA.gov Home | Veterans Affairs Work for Us (U.S. National Park Service) National Park Service Careers at Prairie View A&M University Prairie View A&M University Job Search Results UnitedHealth Group UN COMMON CAREERS VCU Health Work With Us National Oceanic and Atmospheric Administration Career Opportunities Gilead Sciences Employment | Department of Corrections Governor Tom Wolf Careers S&P Global Careers Medline Reservists (On-Call) FEMA Job Opportunities Bellevue School District How to Apply FEMA Job Opportunities Southwest Minnesota State University DOE Report Shows Clean Energy Jobs Grew at More Than Twice the Rate of Overall U.S. Employment Energy.gov Careers Micron Careers at Discovery Education Discovery Education Jobs report on eve of election will be among the most muddled in years The Associated Press Join our team FHI 360 Careers KPMG Early Career GlobalFoundries Certified Direct Care Professional (CDCP) Wisconsin Department of Health Services Careers The Guggenheim Museums and Foundation Internship Opportunities | Careers Boston Consulting Group What Trump's election victory means for job seekers Business Insider Jobs and internships at ABC7 Los Angeles ABC7 Los Angeles Careers at Jacobs Jacobs Careers in A&O Shearman Careers UNICEF USA Work At Chess.com Chess.com Students and graduates JPMorgan Chase Highest-Paying Engineering Careers in 2024 University of North Dakota Mental health at work World Health Organization The 10 jobs that landed the biggest pay rises in financial year 2024 The Australian Financial Review How many jobs are available in technology in the US? Computerworld Benefits for the whole you Accenture |
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