Are you feeling stuck in your current role, with no clear path for growth and development? Do you find yourself looking for opportunities outside of your company, even though you love the work you do and the people you work with? If you answered yes to either of these questions, you’re not alone. Many employees today feel unfulfilled and underappreciated, leading them to consider leaving their current job for greener pastures.
But what if I told you there’s a way to stay with your current employer and still grow and develop your career? Enter internal mobility.
Internal mobility is the process of moving employees within an organization to new roles, projects, or departments. It’s a win-win situation: the employee gets to learn new skills, take on new challenges, and advance their career, while the company retains valuable talent and saves money on recruitment and training costs.
But internal mobility isn’t just good for individual employees and companies—it’s good for the economy as a whole. According to a report by Accenture, increasing internal mobility could add $47 billion to the U.S. economy by 2025.
So, how can companies build a modern talent agenda that incorporates internal mobility and promotes retention? Here are a few tips:
1.Create a culture of learning and development
If you want your employees to be open to internal mobility, you need to create a culture that values learning and development. This means providing opportunities for employees to learn new skills, whether through formal training programs, mentorship, or on-the-job experience. It also means recognizing and rewarding employees who take initiative to learn and grow.
2. Communicate career paths and opportunities
Many employees are hesitant to pursue internal mobility because they don’t know what opportunities are available or how to get there. To combat this, companies should communicate clear career paths and opportunities to their employees. This can include job descriptions, qualifications, and requirements for each role, as well as information on how to apply for internal positions.
3. Encourage cross-functional collaboration
One of the benefits of internal mobility is that it allows employees to gain experience in different departments and functions. To encourage this, companies should promote cross-functional collaboration, both formally and informally. This can include cross-functional projects, job shadowing, and mentorship programs.
4. Invest in technology and data analytics
To effectively manage internal mobility, companies need to invest in technology and data analytics. This includes tools for tracking employee skills, experience, and performance, as well as systems for matching employees with available positions. By leveraging data, companies can make more informed decisions about internal mobility and ensure that employees are being matched with roles that are a good fit for their skills and interests.
5. Make internal mobility a part of your talent strategy
Finally, to fully reap the benefits of internal mobility, companies need to make it a part of their overall talent strategy. This means integrating internal mobility into the hiring, onboarding, and performance management processes, and making it a priority for all levels of the organization. By doing so, companies can create a culture where internal mobility is not just a nice-to-have, but an essential component of career development and growth.
In conclusion, internal mobility is a game-changer for both employees and companies. By creating a culture of learning and development, communicating career paths and opportunities, encouraging cross-functional collaboration, investing in technology and data analytics, and making internal mobility a part of their talent strategy, companies can build a modern talent agenda that promotes retention and allows employees to rise within the organization.
So if you’re feeling stuck in your current role, don’t be afraid to explore other opportunities within your company. Talk to your manager, network with colleagues in other departments, and take advantage of any training or development opportunities available to you. And if you’re a company looking to attract and retain top talent, consider the benefits of internal mobility and how you can promote it within your organization. With the right strategies in place, you can create a culture where employees are empowered to grow, learn, and succeed. All you have to do is take the first step.