Ninety-four percent (94%) of employees say they would stay at a company longer if it simply invested in helping them learn.
Companies that excel at internal mobility retain employees for an average of 5.4 years, nearly twice as long as companies that struggle with it, where the average retention span is 2.9 years.
However, many L&D leaders haven’t made this connection yet. While 46% of L&D leaders said upskilling or reskilling was a top focus area this year, internal mobility and career pathing, as well as employee retention, fell toward the bottom.
Source: https://learning.linkedin.com/