Amidst a global talent shortage and a fiercely competitive job market, it is crucial to understand what makes employees engaged and want to stay in an organization. People want visibility to internal opportunities for career development, and a great many are ready and willing to jump ship to gain it.
To understand the impact that offering employees career development can have, we asked HR Leaders from over 200 organizations across the globe a series of questions to explore the learning climate in their organizations. Some powerful trends emerged from our findings.
Now more than ever, employees are looking for opportunities to grow their careers with help from their employers. Yet our findings showed that only 1 in 3 HR Leaders said their employees can see, explore, select, and act upon desirable development opportunities. When we asked employees the same question, only 50% of respondents said they have the right tools to easily explore learning and development opportunities.
In this report we explore Fuel50’s ‘Engagement through Development’ model, and with supporting evidence from our research, we highlight the six key levers to driving employee engagement through career development.
Enjoy reading this brand-new research report from Fuel50! We are so excited to share our best practice findings with you.
70% of HR Leaders said that developing the skills and capabilities of their employees is important to their organization’s strategy, and over half of HR Leaders said that their organization provides development to all its employees. However, despite this, only 41% are confident that they have sufficient internal talent to achieve their organizations strategic objectives.
Fuel50 Research Design
The goals of the study were as follows:
- To understand current trends in internal talent mobility and workforce
reskilling across the globe
- To learn what best-in-class career growth and talent mobility looks like today
- To ascertain the key imperatives for talent mobility in the coming decade
Read more about our research design and audience here.