The best way for companies to build their talent pool: Embrace employee mobility - Deepstash

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Continuous learning

Continuous learning

During the Great Attrition, millions have left their jobs in search of better chances of advancement.

A recent large-scale study found that skills acquired on the job, as opposed to through formal education or outside-of-work vocational training, are linked to half of the average person's lifetime earnings, making continuous learning critical to raising incomes.

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People grow and add skills by varying their work experience

The average worker switches roles every two to four years. 80% of moves over a decade were people moving from one employer to another.

  • Companies can position themselves in the flow and learn to ride the tide gracefully.
  • Companies that build a reputation for career development can attract the best out of the huge talent pool that is always searching.
  • Employers can also benefit from making job movement within the boundaries of their organizations more fluid.

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Internal opportunities

Internal opportunities

It may feel more comfortable to let someone competent continue doing the same thing year after year rather than helping them grow. However, filling roles from within can benefit employers and employees alike.

  • Research found that people who worked for employers offering more internal opportunities were more likely to be upwardly-mobile for the rest of their careers.
  • Internal opportunities can include lateral moves, which can enable people to recharge, expand their skills, or find a position that is a better fit.
  • Companies can celebrate people who go on to bigger and better things.

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lasampson

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