According to a new report, organizations are at risk of losing key HR professionals unless they offer more opportunities for career development.
According to a new report, organisations are at risk of losing key HR professionals unless they offer more opportunities for career development.
A global survey of nearly 1,800 HR professionals found some 35% wanted more work responsibilities and believed they could contribute more, while 31% wanted to accelerate or fast-track their career development.
The survey was conducted by CareerCentre and 10Eighty, and also found that 71% of HR professionals in the UK regarded their career as the priority in their view of work-life balance, and 75% would use their own time to further their careers and take on additional learning.
Michael Moran, CEO of consultancy firm 10Eighty, said the majority of people who work in HR believe "they can truly add value to the business". Yet he warned that many employers are being held back from offering the kind of career development staff want because they fear that investing in more training and effective career management could result in top talent leaving the organisation.
"A lot of employers think that if they invest in their staff they will leave, but actually it is completely the opposite," he said. "If you sit down with an employee and ask what it is they want out of the job, you will find a whole series of untapped potential. The vast majority of HR people want more responsibility and want to contribute more to the business but many feel under-used. If employees are saying they can do more, it's up to the organisation to harness it. If you don't, these people will move on,” he added.
The research suggests that consequences could be severe for employers who ignore staff needs, with 17% of respondents hoping to leave their organisation in the coming year, and 50% and 60% planning to leave within the next three and five years respectively.