Questions Personal and Family

What is the importance of career development?


Heena Samuel

Always look on the brighter side of life

If we go by the research work done by many experts in the last 2 decades, we will find that employee engagement is more with increased productivity. There are a few things that boost the level of employee engagement. Primary among them is the relationship of managers with employees, job clarity, excellent working environment, and sufficient resources. The concept of career development is now given high importance to create a win-win situation for employees and employers. Here we need first to understand the idea of career development.

Career development can be defined as an organized approach which is carefully used for matching employee targets with the business goals of the company to support workforce development. The importance of career development are: 

•    Support employees in making excellent performance in the current job.

•    Support individuals in getting the advantage in their future job opportunities.

•    Fulfill companies’ goals for creating a dynamic as well as the productive workforce.

•    It helps in attracting the best talents. Researches proved that career prospects, as well as learning opportunities, act as influencing factors when prospective employees are in the mode of choosing between different job offers.

•    Offers excellent job satisfaction. Employees who generally participate in relevant training courses, as well as career development activities at the time of work, showed a higher level of job satisfaction as well as organizational commitment. 

•    Supports in retaining employees. Career development activities support in hiring employees and in turn, restricts turnover. When the calculation of the costs associated with making the replacement of a skilled employee made, it was found that it is almost 150% more than the cost of retaining an existing employee.

•    It supports making enhancement in company productivity as well as financial returns. Investment needs to be made on employees via career development programs to encourage in improving financial returns.

We cannot deny the fact that the process of career development is vital not only for the employees but also for the employers. Career development activities will be fruitful only when employees and employers remain ready to accept the changing environment and behave accordingly. Employees should receive changes and keep upgrading their skills as well as competencies to match the current trends.  On the other hand, organizations need to be ready to accept those employees competent to handle high pressure effectively and never give up to avoid the risk of becoming victim to the changed scenario.

Personal and Family Courses


Soft Skills: The 10 Soft Skills You Must Have in W...

LinCademy for Training

0 (0) New Course

Soft Skills are those unique attributes that facilitates great communication. They can be the special way that you show confidence in challenging situations. These and other events can become more ...

21.12 mins 0 Students Enrolled 21 Lectures


87.33 % off $150


Buy Now

Philosophy of mind, Ontology and nature of the min...

S L Solaiman

0 (0) New Course

The philosophy of mind covers all philosophical topics pertaining to the mind and mental states. Its subtopics can be divided in two main ways. First, by the traditional divisions drawn between kin...

8 hrs 35.9 mins 0 Students Enrolled 15 Lectures

$ 0.00

Free Enroll Now

Learn Secrets of Body Language & Tonality & Impres...

Mayur Pangrekar Verified

0 (0) New Course

Welcome! Your communication starts even if you have not uttered a single word from your mouth because your body is already sending signals to your listeners. In addition to your verbal communicatio...

54.56 mins 1 Students Enrolled 9 Lectures

$ 0.00

Free Enroll Now

Improve Communication Results & Become Effective L...

Mayur Pangrekar Verified

0 (0) New Course

Welcome! Do you want to learn how to become effective and efficient in your communication, then this course is perfect for you. This course is designed with hyper-efficient methods so that you ...

1 hrs 25.58 mins 1 Students Enrolled 13 Lectures

$ 0.00

Free Enroll Now
View All
Item added successfully. Go to cart for checkout.
Accept Reject