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2.23 Retain Your Best Employees with Personal Development Plans
Description
In this episode, Karen Kirton explores practical ways to support employee development, ensuring that valued team members feel challenged and engaged in their roles—reducing the likelihood that they will seek opportunities elsewhere. She highlights how structured but simple development plans can be a game-changer for retention and productivity.
In today’s episode, you will learn about:
- Why personal development is a top reason employees stay longer in their roles.
- How to incorporate development discussions into regular one-on-ones and performance reviews.
- The importance of frequent, achievable development goals, rather than overwhelming annual plans.
- Examples of small but effective development actions, such as mentoring, networking, public speaking, and business case preparation.
- Why on-the-job development (70%) and relationship-based learning (20%) are more impactful than formal training courses (10%).
- How to help employees define their development paths, even when they are unsure of their goals.
This episode provides a clear, actionable approach for businesses looking to foster continuous employee development, improve engagement, and increase retention without relying on expensive training programs.
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We’d love your feedback on this series, just head on over to amplifyhr.com.au or connect with Karen on LinkedIn!
Download our free guide, “Getting Stuff Done Through Your People,” giving you the tools to build a culture where people take ownership, goals get achieved, and results follow.
https://www.amplifyhr.com.au/downloadable/getting-stuff-done-through-your-people/