Career mobility is the planned and organized upward, lateral, or career change movement in employees’ job positions.
For an organization, career mobility helps to develop internal talents and reduces costs related to hiring new employees and turnover. For employees, career mobility helps to increase job satisfaction by stimulating personal growth.
The following are three basic steps to implement career mobility in the workplace:
1) Identify open roles, projects, or assignments
2) Determine whether an internal employee can take on opportunities instead of externally sourced candidates
3) Determine the cost of training required to fulfill job responsibilities compared to hiring a new candidate
Fostering career development within an organization is not just a choice; it’s a necessity. By investing in the growth and progress of your employees, you can build a workforce that is not only more engaged and satisfied but also better equipped to meet the ever-evolving demands of the modern workplace.