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Managers Make or Break Your Culture of Career Mobility

Degreed

A growing body of research suggests that compared to internal hiring, career mobility structures, or upskilling, hiring external candidates requires more compensation , takes longer , and carries more risk. In that same study, more than 70% of HR executives said that managers should get more involved in coaching employees.

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Why Internal Mobility Needs to Be a Key Part of Your Talent Strategy

Linkedin Talent Blog

The focus on internal mobility isn’t likely to evaporate, even when the economy picks up. LinkedIn data shows that employees stay 41% longer at companies that have a lot of internal hiring versus those that don’t. An exodus sparked by a lack of internal opportunities will certainly include some of your best performers.