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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: Report: community college students need more career guidance Inside Higher Ed Will Artificial Intelligence Steal My Job? | On Careers | U.S. News U.S News & World Report Money Careers - Human Resources Kennesaw State University The energy transition’s effects on jobs MIT Technology Review Workers eager to fill 3,000 Las Vegas jobs to build Brightline Fox 5 Las Vegas Jobs and Training at FDA FDA.gov Careers Boys & Girls Clubs of America Careers at TWU | The Office of Human Resources | TWU Texas Woman's University Careers Fred Hutchinson Cancer Center Careers Micron Tesla mass layoffs impact Bay Area, with over 2,750 jobs lost San Francisco Chronicle Careers at FEMA FEMA Find a Job Samaritan Health Services Careers | Job Opportunities | MaineHealth MaineHealth Careers at Bucknell Bucknell University Curry College launches job guarantee program Inside Higher Ed Job Search Results - Careers at UnitedHealth Group UnitedHealth Group Career Paths FEMA Industry sells workers on ag jobs The Western Producer My career race is in the home stretch, here's what I know Financial Times Employment USC Upstate Green careers report: Understanding green jobs and their increasing demand The Economic Times Veterans and transitioning military | VA Careers VA.gov Home | Veterans Affairs Data indicates a strong job market but some employment seekers — even those with a Ph.D. — say they struggle Yahoo Finance Careers Smith College Grécourt Gate What Researchers Discovered When They Sent 80000 Fake Résumés to U.S. Jobs The New York Times Careers at NATO NATO HQ Apply for a Job The City of Vancouver, WA The Best Jobs in America in 2024 | Careers | U.S. News U.S News & World Report Money Despite lagging performance, California expected to avoid recession Los Angeles Times Careers at NADA | NADA NADA Blog Chesapeake Public Schools Employment Opportunities Chesapeake Public Schools Careers at USI University of Southern Indiana Careers Medline Newsroom Work for Us (U.S National Park Service Careers The Ocean Cleanup Careers at Air Liquide Air Liquide Careers | US Forest Service USDA Forest Service Lawsuit claims Sheetz denied employment to class of job applicants because of their race WPXI Pittsburgh Careers in mental health services : Career Outlook: U.S Bureau of Labor Statistics Careers Technip Energies Early careers UBS AI Will Transform the Global Economy. Let's Make Sure It Benefits Humanity. International Monetary Fund Careers CPKC Work Here UnitedHealth Group CoinGecko Careers: Careers at CoinGecko CoinGecko Careers with Impact IFC Press Releases It's Time to Rethink Traditional Career Trajectories HBR.org Daily Which US workers are exposed to AI in their jobs? Pew Research Center What We Offer UnitedHealth Group Best job site of 2024 TechRadar Education and Development WellSpan Health Career Symposium National Institute of Environmental Health Sciences The Challenges of Retiring from a High-Powered Job HBR.org Daily Opinion | The A.I. Economy Will Make Jobs More Human The New York Times In-Demand Jobs for Seniors | Retirement | U.S. News U.S News & World Report Money GenAI Will Change How We Design Jobs. Here's How. HBR.org Daily US economy likely generated 200,000 new jobs in July The Associated Press Explore and find your profession TotalEnergies.com John Lewis publishes job interview questions to aid preparation Personnel Today Jobs home Mitie 40 Best Travel Jobs To Make Money Traveling (They Really Exist!) Expert Vagabond Find a Role Bain & Company Careers at UNHCR UNHCR Upgraded National Career Service portal to give job market a fillip Business Standard Jobs Energy.gov Employment Opportunities City of Windsor Careers City of Somerville Careers | City of Norfolk, Virginia - Official Website City of Norfolk (.gov) Jobs at Parks Canada Canada.ca Careers & Employment Pinellas County Employment Opportunities Unity Health Toronto |
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