How Employers Can Respond to Workers’ Growing Expectations Around Career Progression

Michael Page surveyed over 60,000 job-seeking professionals, asking them about their expectations of a new employer — what are they looking for in a new job, and what would have made them stay with their current or previous company?

One of the top reasons we’ve found that workers stay at or join an organization is career progression. Clear career paths, transparency around promotion criteria, and the benefits that come with a promotion once it is earned are all key factors in a person’s decision to move on or grow their career where they are. This will have a knock-on effect for your retention and hiring efforts.

In our new eBook, we break down the results of this survey and provide advice which will help you to both retain your best performers and attract key hires in 2023. It answers important questions, such as:

• What role do salary increases play in employee retention?
• How important is clear promotion criteria?
• What do workers value in a promotion?
• Can you expect employees to actively seek promotions?
• Why do you need to implement clear career paths?

We also cover specifics for the following industries:

• Construction
• Banking & Financial Services
• Technology
• Life Sciences