Career development is one of the essential parts of human resource management. The goal is to create a career path for employees within your company. It can be done by analyzing employee skills, interests, and experience and developing plans accordingly.
It can be done in two ways:
- The first way is by hiring a recruiter that will work with your current employees to determine their career development needs and goals.
- The second and more efficient way is by developing your career planning system for your employees.
Benefits Of Career Development For Employees
There are several benefits to having a career development system:
1. Your employee will be more satisfied with their job
They will have a goal that they can focus on while working towards it, satisfying the intrinsic needs of management and the company and their purposes.
2. You will be able to retain valuable employees
It is widespread for employees to leave because their needs regarding career development are not met at work.
3. Your company will appear to be a great place to work
It is beneficial for the employee to be a part of a team looking out for their development, which tells the rest of society how you see your employees: as essential people and valuable assets worth investing in.
4. You will save money
Some employees require minimal training yet have a higher level of skill and productivity than many other employees.
Challenges Of Career Development For Employees
The challenges of developing career development programs for employees are:
1. Not every employee will have to or want to go through this process
They may elect not to pursue a new position within your company at some point in time.
If your company has multiple locations worldwide, there may be difficulty in finding employees that can move around and work in most places.
2. It requires a great deal of time and effort to develop the program
Having a good relationship with your employees before starting this project is essential, as it can be pretty time-consuming.
3. It requires a great deal of planning and consideration to develop the career planning program
Before you start, make sure you have backup plans for the various types of employees, including non-traditional workers such as part-time employees, temporary workers, and independent contractors.
Career development is crucial for your company’s success, including your employees’ happiness and job satisfaction.