Career Advancement

Career advancement is one of the most important elements for employee satisfaction and retention at a company. According to Victor Lipman of Forbes, clear opportunities for career advancement are an “especially powerful” employee motivator. Speaking of his observations as a manager at multiple companies, Lipman notes, “At times when career paths were clear, individuals tended to be more motivated, with tangible goals to work towards. At times when career paths were dim or nonexistent, individuals tended to be less motivated, less focused, more uncertain. […] That’s why it makes good business sense for organizations of all sizes to spend time developing and maintaining thoughtfully structured career path systems.”