Page 30 - Ideal Roadside Guide to Managment

Employee Development Planning
eMploYee engAgeMent And retentIon
Today more than ever, offering opportunities for professional development and career growth is critical to engaging and retaining employees. Long gone are the days of, “Ask not what your company can do for you; ask what you can do for your company.”
Today’s career-focused individuals are highly interested in their personal and professional development, and if you’re not adding to their journey of growth, then they will take their journey elsewhere.
Consider these four facts from previous Quantum Workplace studies:
the IMpACt of eMploYee developMent on
1 Out of 31 survey items, three of the top six having the most impact on overall engagement are related to how organizations value their people, fit them into future plans, and provide growth opportunities.
2013 Engagement Trends Report
2 When it comes to turnover, exited employees’ second most unfavorable survey item was, “I see professional growth and career development opportunities for myself in this organization.”
21 Employee Turnover Insights
3 Access to new learning and training opportunities is the second most desired form of recognition for engaged employees, preceded only by a pay increase and rated more important than a spontaneous cash bonus.
2013 Engagement Trends Report
4 The sixth highest engagement driver is, “I see professional growth and career development opportunities for myself in this organization.”
2013 Engagement Trends Report
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