Provides employees with a clear vision of what their career path can be and know what they need to do to get to the next stage of their career.
What happens if you don’t have clear career path in place?
• Turnover which leads to financial consequences
• Perception of Favoritism
• Unclear expectations
• Hard to attract top talent
How it feels when done well:
• Employees will know where to focus their development
• Reduce turnover and in turn improve financial metrics
• Clear expectations and direction for all and easier to lead and manage
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