Career progression, according to a survey of more than 6,400 employees, is the top factor in retention—
even ranking ahead of salary.
Web-based training is ideal for career development efforts, because it
• Focuses learning on individual weaknesses or desired
competencies;
• Optimizes training time, so employees don’t relearn
mastered skills;
• Trains at the pace of the individual; and
• Evaluates results, tracks comprehension and records progress
and achievements.
Studies show, however, organizations are not investing in continued
learning and development programs, despite the potential benefits.
CHART found that after an employee’s first 90 days, more than two thirds
of respondents spent less than $1,000 on career development
programs. Furthermore, of the 35 percent of training budget
allocated for line-level employees, only one percent of actual training
content went toward leadership and executive development