Career development is highly valued by employees and has a significant impact on retention. 94% of workers polling a recent Clear Company survey said they would stay at a company longer if their employer invested in their careers. Lack of growth opportunities is one of the top reasons for attrition. Research by Qaultrics study found this is the number one reason that both manager and individuals are looking for new jobs in the next 12 months.
There is abundant opportunity in this space as 43% of employees feel unsatisfied with their career path (teamstage). Bringing people together periodically to build solid relationship and benefit from in-person developing is a great way to reduce this number.
