Career pathways: Building tomorrow's workforce today
Research shows the #1 priority for learning and development should be career growth opportunities
After surveying more than 1,000 global organizations and 94 L&D practices, The Josh Bersin Company found that the singular most impactful practice for driving business, talent, and innovation outcomes is “creating extensive opportunities for career growth.”
In fact, five out of the top fifteen practices that are predictive of success are related to career management.
This report uncovers how organizations can bring together education, skilling, and career mobility with:
→5 strategic steps to creating career pathways plus wireframes for feeder to high skill roles
→The top 15 most impactful L&D practices to drive retention and growth
→A behind-the-scenes look at career pathways investments at Walmart, Bon Secours Mercy Health, and Rocket Companies
Employees today value career development twice as much as compensation and benefits.
Employees expect pathways
63%
of employees cited no opportunity for advancement as a reason for quitting1
Career pathways are complex
1/10
Only 1 out of 10 organizations are successfully developing career pathways into high priority areas2
Grow employees, retain workers
5.4
Average yearly tenure for employees at companies with high internal mobility3
Footnotes
- “Majority of workers who quit a job in 2021 cite low pay, no opportunities for advancement, feeling disrespected” by Kim Parker and Juliana Menasce Horowitz / Pew Research Center March 9, 2022
- Career Pathways: Building Tomorrow’s Workforce Today - The Josh Bersin Company
- LinkedIn Report, Where Internal Mobility Is Most Common Since COVID-19: Top Countries, Industries, and Jobs