Creating career development pathways as a route to internal mobility

Where workers might have historically stayed in one career their whole life, employees are now more likely than ever to switch jobs, roles, and occupations. Career changes are now an inevitable part of the modern working landscape.

Whether the motivation is satisfaction, compensation, or even to escape a bad manager, companies risk losing talented workers who seek a fresh career in a new organisation. In short, internal mobility has never been more important.

Indeed, Gartner analysis has previously estimated the cost of employee turnover due to a lack of future career opportunities for an average-sized organisation to clock in at an eye watering $49million (~£39million) per year.

Current employees and prospective hires, especially among younger generations, increasingly value opportunities to grow and advance their careers. HR and talent leaders who do not define a clear strategy for internal mobility risk alienating and disengaging such individuals.