73 pct of workers want to know about internal growth opportunities: Report

A new report has found that about 73 per cent of employees want to know about career opportunities inside their organisation and employees who are provided with access to selfservice technology for career mobility exploration are half as likely to have plans to quit their jobAccording to the 2023 global research report focused on talent mobility trends by Cornerstone about 51 per cent of employees say that the best way their company can support their skill development is by giving them opportunities to pivot stretch and growThe report measured the views of 1060 employers and 1000 learners across Europe North America and Asia about the importance of career mobility and internal growth opportunitiesAs the talent landscape continues to evolve employers will need to adopt a system which adequately attracts engages and retains highperforming talent said Ben Eubanks principal analyst and chief research officer Lighthouse Research amp AdvisoryWhen it comes to highperforming organisations they prioritise employee growthHighbelonging employees described as employees who feel a strong sense of belonging within their organisation are more interested in all aspects of learning while lowbelonging employees are twice as likely to say they wouldnt consider other career opportunities inside the businessThe report showed high belonging employees are 190 per cent more likely to say their manager would support their career growth while employees who score low on workplace belonging are six times more likely to say they dont know if their manager or employer tracks their skillsMoreover the report findings revealed that employee interest in exploring new projects and strengthening existing skills is not limitedWomen were roughly 33 per cent more likely than men to say they would like to look into projects that would allow them to learn new or different skillsPeople under the age of 45 were about 50 per cent more likely than those over 45 to say they would like to explore projects that develop new connections and mentorsEmployees in larger organisations 1000 employees prioritise projects that let them explore other internal opportunities without risking their current position according to the reportFurther the report revealed that employees prefer using technology to explore career options rather than speaking directly with managersNearly 80 per cent of employees are more likely to prefer a selfservice technology option over a manager conversation when it comes to understanding what internal career opportunities existAdditionally employees who have access to selfservice technology for career mobility exploration are 50 per cent less likely to have plans to quit their job compared to those with no visibilityBased on the findings of our 2023 research study theres no doubt that employees are hungry for growth and development opportunities and require increased career transparency As technology and tools become smarter and more interconnected the managers role in employee growth is changing and AI has the power to align individual career ambitions with company objectives delivering real impact to the bottom line said Vincent Belliveau chief international officer at CornerstoneAlso Read Metime Fridays Heres what HR professionals and employees have to say about fourday work weekThis story has been sourced from a third party syndicated feed agencies Midday accepts no responsibility or liability for its dependability trustworthiness reliability and data of the text Midday managementmiddaycom reserves the sole right to alter delete or remove without notice the content in its absolute discretion for any reason whatsoever