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This is a measure that should be on any HR leader’s dashboard, especially because internal hiring drives benefits like better retention and employee satisfaction. Major changes can make it less viable to hire internally. Workforce composition: Especially factors like the typical age and career stage of your workforce.
‘Drink your own champagne’ While InStride was helping organizations develop their workforces, InStriders were craving more clarity about their own opportunities for career growth within the company, Hamilton says. By the end of 2023, these moves were part of a successful effort that reduced turnover by 10%.
Why Do You Need an Internal Mobility Program? Talent Retention Talent retention is one of the most prominent motives for an internal mobility program. Employees are willing to work with a company that invests in them and provides them with an opportunity to progress in their careers.
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