The Importance of Upward Mobility Programs for Employee Recruitment and Retention
Publisher: LightWork Software
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Upward mobility is the ability for employees to enter at one level and ‘climb the corporate ladder’ of jobs with progressively more responsibility within an organization. It is the role of Human Resources to ensure that employees are engaged, motivated and see a future with the organization rather than leaving to advance their careers. According to a LinkedIn Workforce Learning Report in 2019, 94 percent of employees say they would stay at a company longer if it invested in their careers. The 2021 Workplace Learning Report, LinkedIn’s Fifth Annual Report, Skill Building in the New World of Work, provides some key takeaways for Human Resource professionals and CEOs. Primarily, the report shows that respondents believe that investing in their workforce is critical to building resilience and digital fluency for their company, and to attract, engage and retain top talent.
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