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Career Development - Essay Example

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Active career development initiatives by a company are a key retention tool to keep the best talent within its fold. It is one of the greatest motivators to keep an employee happy and engaged. Most organizations consider career development as part of their critical human resource strategy. Form the employee’s point of view career development initiatives gives them a clear focus about their career track. Economic and technological changes have resulted in working careers becoming more unpredictable. Presently, career opportunities tend to be seen in the light of employability recognizing that career development frequently goes beyond the boundaries of one organization. Career development can be understood as an enumeration of consecutive job and training. In continuation with demands of the modern labour market, there is increased emphasis on employees’ active role and level of involvement with respect to his or her career. This is reflected in concepts such as personal initiatives, employability, or preparedness to change ...Show more
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Today’s organizations are struggling to service in fiercely competitive global markets. They are restructuring, outsourcing, re-engineering, downsizing, subcontracting and forming alliance…
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