Search
 

4 steps to a new promotion model

A study of some 12,000 employees that found that their No. 1 complaint about their employers, the No. 1 reason they look for a new job, is stifled career advancement.

By Dan Cook | Updated on November 17, 2015

Organizations were truly shaken up and altered by the last recession. In the past, the so-called lessons learned were quickly forgotten as companies lost focus on efficiencies and fell back into bad habits. So far, overall, that is not happening this time around.

One clear sign of this: a study of some 12,000 employees that found that their No. 1 complaint about their employers, the No. 1 reason they look for a new job, is stifled career advancement. Author of the study CEB says this is a direct result of the flattening of organizations. Most have permanently trimmed layers of management and certain employee categories, leading to a much longer time between promotions — as much as three years longer than was the average in 2010, CEB found.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Dan Cook

Dan Cook

Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.

More from this author

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.