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It Takes a Village
July 9, 2008
Career development programs are on the rise, according to a study from the Institute for Corporate Productivity. The study found that outside of skill- based training, career development is most commonly a community effort, consisting of in-house mentoring and coaching, which is most prevalent in large companies. Here are some key results:
- 60% of the 382 polled companies have career development programs in place, and 41% of those use in-house coaches and/or mentors;
- 48% of companies with fewer than 500 employees use such programs, while 58% of those with 3,000 to 5,000 employees use coaches and mentors. The figure rises to 65% for firms with 10,000+ employees;
- 53% of companies select career development candidates by manager referral, while employee self-selection is a factor in some firms; and,
- 76% integrate their programs with talent management goals, and 81% said career development was integrated with business goals.
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Dec 04 - Digital Communication for the PR Professionals
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