How can you strategically invest in your workforce to boost employee development and morale? The answer lies in internal mobility and employee connectivity strategies.
The stakes are high. 94% of employees would be more likely to stay with a company that invests in their development, and the cost of losing an employee can be up to 2x their annual salary.
Relying solely on salary increases and promotions isn't always sustainable or enough to keep a satisfied workforce. By creating a motivating culture that enables internal mobility, you can reduce turnover, uncover hidden potential, and boost job satisfaction.