← Positive Leadership with Dr. Dave Martin
Jan 16, 2023 · 13 min
In the last episode, I talked about the importance of lifelong career development. At the end of the episode, I promised to talk about leadership's role in career development. It’s an important role, but unfortunately, few managers and leaders actively engage in this vital role. Professional development matters to employees because they know how vital good career development is to help them improve their skills and knowledge, which holds out the promise of career advancement and increased job satisfaction. According to a survey by LinkedIn Learning, 94% of the employees who took this survey said they would stay with a company longer if the company would take the time to invest in their career development. The same survey found that 78% of employees would even take a pay cut to work for a company that invested in their career development. This entire idea of career development is so important to most professionals that its absence can actually lead to increased turnover. So if a leader cares about long-term employee retention and satisfaction, they will take some time out of their busy days to develop long-term strategic professional development plans for themselves and their employees and staff.