News
‘Promotion recession’ driving high performers to leave
“According to our research, hiring managers want what’s shiny and new: external applicants,” the report said.
“Meanwhile, your internal applicants are languishing. This lack of visibility—or trust in your own people—costs your organisation agility, resilience, and retention.”
Addressing the promotion recession
Employers should “redefine the career ladder” if they want to retain high performers, according to the report.
“Create career paths that include lateral moves, project-based work, and upskilling opportunities,” the report read.
Read the full article here
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