The Future of Work report by PSFK Labs explores the trend of personalized career planning
How do today's businesses think about the ‘career ladder'? In the new Future of Work Report, the team at PSFK Labs found that future-forward companies look at promotion as a development tool rather than a reward for work well-done. By letting an employee take an active role in her career planning, a company is able to leverage promotions to utilize new skills and empower the workforce.
As famously stated by Sir Richard Branson, founder of the Virgin Group, “train people well enough so they can leave, treat them well enough so they don't want to.” The mantra continues to be something several companies live by today.