If you're an HR specialist looking to be an HR director someday, career pathing tells you what you need to accomplish to get from points A to Z. (Image: Shutterstock)
We're all wired for growth. Feeling stuck in place, whether in your personal and professional life, is frustrating. But faced with layoffs, furloughs, and budget rollbacks, most businesses weren't exactly ready to accommodate your next big career move in 2020.
It's in leaders' best interests to get growth initiatives moving again. Retention is a big part of the reason why: According to a LinkedIn study, 94% of employees would stay at their companies longer if offered development opportunities. Similarly, a Zaki Warfel survey found that companies that invest in career development keep their top talent 250% longer. In other words, companies that act in the best interest of their employees' long-term careers see the gesture repaid with greater loyalty and better business outcomes.
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