Career Pathways
REPORT
After surveying over 1,000 global organizations and 94 L&D practices, The Josh Bersin Company found that the singular most-impactful practice for driving business, talent and innovation outcomes is “creating extensive opportunities for career growth.” In fact, five out of the top fifteen practices that are predictive of success are related to career management.
This report uncovers how organizations can bring together education, skilling and career mobility with:
Research Shows the #1 Priority for Learning & Development (L&D) Should be Career Growth Opportunities
5 strategic steps to creating career pathways plus wireframes for feeder to high skill roles
The top 15 most impactful L&D practices to drive retention and growth
A behind-the-scenes look at career pathways investments at Walmart, Bon Secours Mercy Health and Rocket Companies
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Guild is the Career Opportunity Platform of the Fortune 1000
© Copyright Guild Education. All Rights Reserved. Terms of Use | Privacy Policy
CONTACT
370 17th Street
Denver, CO 80202
info@guildeducation.com
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Building Tomorrow’s Workforce Today
Employees today value career development twice as much as compensation and benefits.
With unprecedented talent shortages and record high quit rates, companies must invest in career pathways to grow their people and their business.
Employees expect pathways
63%
1 / 10
5.4
Career Pathways are Complex
Grow employees, retain workers
of employees cited no opportunity for advancement as a reason for quitting
Only 1 out of 10 organizations are successfully developing career pathways into high priority areas
Average yearly tenure for employees at companies with high internal mobility
1
2
3
1
“Our goal is to ensure that employees don’t have to leave Walmart to have a different career. You might not have all the knowledge and skills of today, but if you have the capacity and the intention, Walmart will invest in you and show you the way.”
Beth Williams-Moore,
Director, Live Better U
“Majority of workers who quit a job in 2021 cite low pay, no opportunities for advancement, feeling disrespected” by Kim Parker and Juliana Menasce Horowitz / Pew Research Center March 9, 2022
Career Pathways: Building Tomorrow’s Workforce Today - The Josh Bersin Company
LinkedIn Report - Where Internal Mobility Is Most Common Since COVID-19: Top Countries, Industries, and Jobs
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Employees today value career development twice as much as compensation and benefits.
As the world changes, employees have found new perspectives on life and work — and with them, new priorities and expectations.
10%
Pay for today
wage growth since 2020, the highest annual growth in 40 years
Work with purpose
70%
of employees say they define their purpose through work
1
10%
Pay for today
wage growth since 2020, the highest annual growth in 40 years
Work with purpose
70%
of employees say they define their purpose through work
63%
Pathways for tomorrow
of employees would switch to a new job if it offered skills/training opportunities
2
10%
Pay for today
Wage growth since 2020, the highest in 40 years
Work with purpose
70%
of employees say they define their purpose through work
63%
Pathways for tomorrow
of employees cited no opportunity for advancement as a reason for quitting
3
With unprecedented talent shortages and record high quit rates, companies must invest in career pathways to grow their people and their business.