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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,ย are linked to half of the average person's lifetime earnings, making continuous learning critical to raising incomes.
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The average worker switches roles every two to four years. 80% of moves over a decade were people moving from one employer to another.
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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.
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25 reads
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