Is career development the secret to keeping employees onboard?

October 3, 2023

With turnover continuing to be a hot topic for HR professionals, offering career development opportunities for the younger, post-COVID employee might help stem the outgoing tide of disgruntled employees, says one expert.

“Twenty-six per cent of workers plan to quit their jobs in the next 12 months and so employers are thinking about how to find, keep and grow talent,” says Candy Ho, board chair at CERIC and assistant professor at the University of the Fraser Valley in Abbotsford, B.C., citing a PwC report.

“From the context of HR, we know that recruiting costs a lot but losing people, and then re-recruiting again, costs even more money.”

Source: HR Reporter