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.
  • Visit Business Insider's homepage for more stories.

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.

See the rest of the story at Business Insider

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