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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 and Jobs at CRS Catholic Relief Services Your career level Continental Governor Newsom releases new framework to create high-paying career pathways with and without four-year degrees Office of Governor Gavin Newsom Looking for work? These industries are expected to see major growth in Tennessee - Commercial Appeal Careers UNCO News Central Jobs- Legacy Energy.gov California nixes degree requirements for 30K state jobs Higher Ed Dive US Department of Labor announces latest actions to secure sustainability of Job Corps program US Department of Labor Careers | Career Opportunities West Virginia University Jobs, inflation, and the Fed: How they're all related Yahoo Finance Working for ICE U.S. Immigration and Customs Enforcement Newsroom Careers at TWU Texas Woman's University Jobs City of Rochester (.gov) Calif. Master Plan for Education Includes Digital 'Career Passport' Government Technology Careers | Home USDA.gov US Department of Labor awards $99.3M in grants to support training, job services to prepare young people to succeed in high-demand careers US Department of Labor Employment | Department of Corrections Governor Tom Wolf Jobs and Training at FDA FDA.gov Start your career journey with Illinois, a top leader in research, teaching, and public engagement University of Illinois Urbana-Champaign Draw your own chart game: how well do you know the jobs market? Financial Times Jobs at Liberty University Liberty News Aligning workforce development with changing industry needs World Economic Forum Career Opportunities UMHB Careers at University of Missouri Health Care | University of Missouri Health Care jobs University of Missouri Health Care Careers BASF Careers at Union | Human Resources Union College Careers Washington State University Healthcare Jobs at Novant Health | Novant Health Novant Health Nursing jobs VA.gov Home | Veterans Affairs Work At Chess.com Chess.com Our People: Associate Experiences and Paths to Opportunity Walmart Corporate Careers at Prairie View A&M University Prairie View A&M University Work for Us (U.S. National Park Service) National Park Service US added a strong 227,000 jobs in November in bounce-back from October slowdown The Associated Press UF Health Careers UF Health - University of Florida Health Careers with Lexington Police Department City of Lexington, Kentucky (.gov) Working at Siemens Energy: Careers & Job Opportunities Siemens Energy Job Opportunities Bellevue School District Careers Medline Careers S&P Global Careers KPMG Internship Opportunities | BCG Boston Consulting Group India's job market projected to grow 9% in 2025 The Economic Times Careers at Jacobs Jacobs Jobs report on eve of election will be among the most muddled in years The Associated Press Job vacancies at the EUDA European Union Students and graduates JPMorgan Chase Constellation to Launch Crane Clean Energy Center, Restoring Jobs and Carbon-Free Power to The Grid Constellation Energy Tourism to see 61 lakh new jobs in 10 years Deccan Herald US employers added just 12,000 jobs last month as hurricanes and strikes sharply reduce payrolls The Associated Press Highest-Paying Engineering Careers in 2024 University of North Dakota How To Use AI To Find A Job Forbes Job Openings Continue to Fall as the Labor Market Slows | Economy | U.S. News U.S. News & World Report 80+ Psychology-Related Careers to Consider Verywell Mind 10 Things They Don't Tell You About Your First Job U.S News & World Report Money Mental health at work World Health Organization Careers Gwinnett County Public Schools 5 Hot Jobs for MBA Graduates | Best Graduate Schools | U.S. News U.S. News & World Report Current opportunities Turner & Townsend JobFeed NSW Department of Education Careers City of Norfolk (.gov) Careers at King County King County ANU council members say Bell’s second job was never mentioned The Australian Financial Review Apply for a Job - The City of Vancouver, WA KCMO Career Center | CITY OF KANSAS CITY | OFFICIAL WEBSITE City of Kansas City (.gov) Careers City of Somerville IT sector to witness 15-20% growth in job opportunities in 2025: Report Business Standard Careers Penn State University Careers UTSA Today Careers City of Fort Worth Employment University of South Carolina Careers @ UO University of Oregon Careers at the ICR The Institute of Cancer Research ADM Job Openings Unlocking Nature. Enriching Life. | ADM Career Opportunities University of Houston Career Services Wake Tech Newsroom Current Job Postings City of Windsor Careers at Florida State | Office of Human Resources Florida State University UH Careers University of Houston Careers at UHD UHD |
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