If you want to improve employee retention, teach your entry-level workers how they can get promoted — here's how
- Establishing upward career paths for entry-level employees is a great way for amy company to increase loyalty and employee retention.
- Managers can review their senior-level talent needs on a routine basis, and evaluate any in-house employees who might be a good fit before looking for outside hires.
- Offering mentorship programs that pair veteran workers with entry-level employees is also a great way curate company culture and motivate younger colleagues.
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One of the key considerations in making personnel decisions is whether to develop talent in-house or hire externally. A hallmark advantage of promoting from within is the employee's built-in organizational knowledge, encompassing culture, processes, relationships, and more. But these decisions should be based on merit, not convenience or onus, and are best made when a deliberate, long-term strategy is formed and then equitably applied.
That said, consider these best practices when creating paths for promotion and advancement within your organization.
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