In antiquity, cartographers marked unknown territories with the ominous note: Here be dragons. Like maritime explorers traversing parts unknown, employees boldly chart a course every time they reach a new height in their careers, hoping to avoid threats that may arise. This journey can be exciting, inspiring and motivating. Yet as anyone who has asked the question, “Where do I go from here?” can attest, the journey can also be a stressful one when lacking direction. That’s why solutions like CAEL’s PathSavvy can play a vital role in supporting employees as they develop, helping them avoid the threat of the unknown by giving them a pathway throughout their organizations.
The right pathing solution can be an employee’s map on their career journey, highlighting where they are and where they can be. For employers, making these solutions available to their workforce is a win-win proposition; as we’ve learned, an employee who has clear line-of-sight into growth opportunities within an organization is more likely to be engaged and more likely to remain within the organization, providing appreciable savings in time, money and resources.
How can these solutions help employees navigate their career journeys? Here are five ways career exploration tools can help employees chart their paths–and how employers can benefit as they do.
- Pathing tools reduce attrition and recruiting costs. It pays for organizations to keep their best people. It’s no secret that talent flight costs organizations a significant amount of money to hire and onboard replacement employees. Thankfully, career pathing tools can reduce employee attrition caused by many common reasons for talent flight such as lack of visible internal growth opportunities, confusion over which skills or knowledge is needed to succeed in a role, lack of engagement and so on. For a fraction of the cost of bringing on new employees to replace those who leave, career exploration software provides a notable return on investment.
- Career exploration tools align organization goals with employees’ development goals. A pathing solution can give employees a big picture view of their organization’s needs and provide actionable strategies to meet them. Given line of sight into growth options within the organization, career exploration options can meet employees’ needs for development and advancement opportunities, improving retention rates.
- Pathing software is personalized. Like today’s GPS software which can learn from users’ preferences and habits, adapting to provide customized routes to commonly visited destinations, modern pathing software is also tailored to the individual organization and employee. There’s no one-size-fits-all approach to career development, and career exploration tools reflect that reality. Matching employees’ specific interests, skills and education levels to pathways within an organization, the workforce is given a detailed map to lead them through their career journeys through all of their roles within a company.
- Career exploration tools create a level of transparency that millennial employees crave. Most employees value transparency within an organization, but millennial employees are more likely to value transparency than employees from any generation before. Career pathing solutions provide insight into how employees can succeed within an organization, providing clarity into how they’re being assessed. When employees feel they’re given enough insight into how an organization is run, they’re more likely to be satisfied and engaged.
- Pathing insight can direct employees to upskilling opportunities. The topic of the skills gap and how organizations can build bridges between it is a common one among organization leaders. A key benefit of career exploration tools is that employees can be made aware of training and education options that can give them the knowledge and skillset necessary to excel in today’s increasingly complex positions.
Career exploration tools are appropriately named. The notion of the corporate ladder—vertical, linear movement as an employee’s career progresses—is rapidly falling by the wayside. As employees increasingly upend conventional beliefs about career progression, exploration is the best way to describe how today’s workforce approaches their career development. That’s why employees need the right directions to lead them to where they want to be; give them that, and they’ll lead your organization to success.
To learn more about how CAEL’s PathSavvy software can drive employee engagement and provide a transparent view of internal career and development opportunities, click here.