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Career Pathing Identified as New Driver of Manager Retention.Workforce Summit Wrestles with Turnover of Top Performers
Workforce shortages, changing demographics and challenging economic issues impact the ability to attract, recruit and retain top talent. Career pathing shows employees what their future can look like in a company and provides a roadmap of how to get there.
Dallas, TX (PRWEB) May 3, 2007 -- Retaining top performing managers is one of the biggest business challenges of our day. Workforce shortages, changing demographics, tightening economy and social trends all impact on the ability to attract, recruit and retain top performers. At a recent workforce summit co-hosted by Batrus Hollweg International, these issues were explored from varied business perspectives and the common theme was organizational career pathing.
The need to have and communicate a formal process for employee promotions surfaced at least four different times during discussions about recruiting, assessment, legal and technology issues during the Restaurant Workforce Thought-Leadership Summit. Held in Dallas a few weeks ago, the Summit was led by Deploy Solutions and Batrus Hollweg International and also included presentations from People Report, Biddle Consulting Group and Humetrics.
In light of today's business environment and talent management challenges, Batrus Hollweg counsels companies to go beyond a formal process for promotion to develop comprehensive, visual career pathing maps based on detailed competency behaviors.
"Career pathing shows employees what their future can look like within a company and provides a roadmap of how to get there. Based on detailed competency behaviors for specific positions, career pathing comprehensively maps a progression path and targets developmental needs for both the individual and the company," said Linda Pharr, President and COO of Batrus Hollweg.
Batrus Hollweg underscores the importance of career pathing through extensive research identifying these key drivers and predictors of retention:
- Supervisor helps to create an individual developmental plan
- Supervisor spends time reviewing personal developmental plans
- Supervisor provides useful feedback
- Personal goals are aligned with opportunities that exist in the company
Career pathing is a relatively new concept for many companies. As the battle intensifies to reduce turnover of top performers, career pathing will play an increasingly important role.
To learn more about career pathing and tips for implementing an effective career pathing talent management program, go to www.batrushollweg.com/Insights&Research/InsightArticles/CareerPathing.pdf
About Batrus Hollweg International:
Batrus Hollweg International (BHI) is a leading human capital consulting firm specializing in Talent Gauging™ -- assessing and developing people to drive organizational results. With 37 years of experience, BHI provides companies with objective, quantifiable solutions for: selecting the best talent; minimizing hiring mistakes; growing internal talent; aligning talent competencies with business goals; gauging company climate to identify barriers and leverage points; and filling the succession planning pipeline with more precision. BHI Talent Gauging is powered by High Definition Selection Science™. For more information, please visit: www.batrushollweg.com.
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
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