Remove 2017 Remove Career Development Remove Company Culture
article thumbnail

Employee Promotion: The Types, Benefits, & Whom to Promote

Vantage Circle

This harms the desired cost-cutting measures of a company. Career Growth: Employee promotion facilitates the very important career path and growth of an individual. A statistic in 2017 showed that lack of career development is one of the key reasons for attrition.

article thumbnail

Employee Promotion: The Types, Benefits, & Whom to Promote

Vantage Circle

This harms the desired cost-cutting measures of a company. Career Growth: Employee promotion facilitates the very important career path and growth of an individual. A statistic in 2017 showed that lack of career development is one of the key reasons for attrition.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why New CEOs Should Practice Transparent Leadership (2021)

Vantage Circle

It's 2021, and mere job security and career development aren't enough for employees to stay motivated. They want to be part of a workplace culture that encourages transparent leadership. Leadership , as a whole, remains a critical issue for companies. Companies frequently appoint new Chief Executive Officers (CEO).

article thumbnail

10 People Sustainability Strategies for Your Business

Vantage Circle

Angela Davis, Activist As McKinsey says , the 2019 analysis finds that companies in the top quartile for gender diversity on executive teams were 25 percent more likely to have above-average profitability than companies in the fourth quartile—up from 21 percent in 2017 and 15 percent in 2014.