Cultivating growth by promoting from within benefits everyone because it not only provides employees opportunities, but it also shows that the company is creating opportunities available for their associates, making the company an ideal place to work at. Businesses that implement continued education, as well as training and development programs will encourage employees to stay by keeping your company interesting and attractive. There are many ways to increase retention rates within your department, company or business.
It’s human nature to want to grow, we’ve been doing it for as long as we can remember. As we age, our physical growth slows down but, the desire to enhance and develop ourselves should never diminish. It’s common for people to want to thrive in their careers, especially because most adults spend a third of their time at work. With that being said, our jobs heavily impact our lives and it’s only right for employers to create opportunities that cultivate growth in the workplace. So, how do you cultivate growth in the workplace? In this article, we will discuss the strategies and techniques you can incorporate in your department.
Financial growth may seem like one of the most obvious things to consider when trying to cultivate growth in the workplace. In an article published by, 9 Clouds, they mentioned that motivation can be increased by more money, “Naturally, employees will be motivated by the possibility of increased income, especially when it’s tied to their performance.” However, rewarding good performance with more money isn’t the best or the only way to cultivate growth in the workplace. Make sure to consider some of these other forms of growth.