Career progression was traditionally about advancement and pay raises. But due to the changing nature of the workforce itself, people no longer expect or want, a job for life.
On the other hand, finding and keeping talent is not an easy task. Especially when leaders shy away from difficult discussion when promotions and pay raises are scarce. If a high performer seeks growth and there’s no vertical progression in sight, managers need to help them craft a rewarding route through the career lattice. Otherwise, they’ll look elsewhere.
Sebastian Bailey, Ph.D and co-founder of Mind Gym writes about how to develop your talent from within in the November issue of CLO Magazine.