Businesses Need to Strengthen Employee Career Development – New Study by HR Research Institute

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A new research report, HR.com’s Future of Career Development and Mobility 2024-25, reveals that employee career development programs are falling short across many organizations. Only 20% of companies have reached the top two levels of program maturity, unveiling a significant need for improvement in supporting employee growth.

The study highlights significant gaps in career development and internal mobility efforts. Only 37% of organizations consider themselves effective in career development, while just 42% report success in internal mobility initiatives. Additionally, the research reveals that a mere 22% of organizations offer enough employee development opportunities to keep up with workforce demands. These findings underscore a critical need for organizations to prioritize career growth initiatives, particularly as employee expectations for development opportunities continue to rise.

Managers can play a pivotal role in fostering employee career development. A small majority (54%) of organizations report that managers are encouraged to help employees develop their careers. However, the research highlights concerning gaps in manager readiness and motivation:

In 34% of organizations, managers actively discourage internal movement to retain high performers.

Only 15% of companies have managers equipped with the necessary skills to develop employees.

Just 10% of organizations recognize and reward managers for developing their direct reports.

“Managers are uniquely positioned to

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