The New Era of Internal Mobility: Driving Value Through Skills, Metrics, and a Talent-First Approach
In times of uncertainty, companies tend to prioritize internal mobility and career progression. This is because internal mobility can help bridge the gap between recruitment and retention by providing opportunities for growth and reducing turnover.
However, despite the increased focus on internal mobility, only a quarter of companies are confident in their strategies, and 77% have lost talent due to a lack of career development opportunities. Some organizations promote jobs through internal career sites without offering actual development opportunities, while others face barriers in implementing programs and technology.
This report explores a new era of internal mobility that focuses on individual skill development rather than solely benefiting the organization. By examining processes and culture for promoting and advancing employees, companies can take a more strategic approach to internal mobility.