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Lack of Career Development. Often employees are not content with their career path. Lack of proper training and development programs hinder their careergrowth. It is an organization’s responsibility to show them the path where they can use these skills and give their career a direction. Lack of Recognition.
On the other hand, when managers communicate honestly and openly, employees feel valued and respected, which can lead to increased job satisfaction, motivation, and commitment. And for those honest-to-God remote workers, virtual sessions in Zoom, skype can motivate them to be a part of the company and bond with the team.
The good news is that the share of females in this domain has increased since 2016, but there is still a long way to go, as statistics show that the industry has only 14% females in the workforce. Limited access to training Having access to training is a critical component of careergrowth.
Employee Retention Factor #2: Lack of Career Development. Often employees are not content with their career path. Lack of proper training and development programs hinder their careergrowth. It is an organization’s responsibility to show them the path where they can use these skills and give their career a direction.
Do you want your employees to feel valued, motivated, and happy? Rewarding and recognizing at the right time encourages employees to continue to embody the company culture and motivates them to work hard and be loyal to the company. Lack of careergrowth. Provide resources to help employees stay motivated.
Ernst and Young reported that it costs them, on average, 150% of an employee’s salary to rehire for the same role (Siegel Bernard, 2016). Turner (2020) states that companies that implement maternity coaching have the opportunity to add to societal shifts by reducing the gender pay gap and supporting women’s careergrowth.
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