The Josh Bersin Group’s largest study to-date on the L&D practices that drive critical talent, business and innovation business outcomes concluded that the #1 most impactful L&D is creating extensive career growth options.¹
And we are not surprised – our data shows that companies that work with Guild see an average return of $3 for every $1 spent on strategic education and skilling tied to career mobility.²
What is surprising, however, is that:
- Only 1 out of 5 organizations provide extensive career growth opportunities to their workforce¹
- And only 1 out of 10 are developing career pathways to move employees into high-priority areas¹
It’s 2023, and career mobility initiatives can no longer be relegated to the corporate back burner as a “nice to have” – so we’ve compiled the data that internal advocates need to prove career mobility is as good for their company’s balance sheet as it is for their employees.
The top 5 proven ways career mobility drives ROI are:
- Internal mobility
- Retention
- Attraction
- Education Outcomes
- DE&I
- Career Pathways: Building Tomorrow’s Workforce Today. The Josh Bersin Company. ©2022
- Average of all ROI analyses conducted by Guild for employer partners as of 01.01.2023
