Career plan: understand the importance of investing in professionals

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With the job market becoming increasingly competitive, salary is no longer the main motivating factor for employees. It is necessary to ensure that they have a vision for the future within the organization and space to develop. This is why a career plan is so important.

Ensuring a well-structured career plan is essential for the company to achieve its goals and for employees to be able to develop in their areas. This way, employees remain motivated and productive, while the company builds a high-performance team .

In this article, we will better understand what career planning is, its advantages, and learn how to develop a well-structured process in your company. You will see how to use tools like People Analytics to identify employees who need development. Let's go!

What is the career plan?
The career plan is a program that structures the professional path that the employee bosnia and herzegovina whatsapp list can follow within the company. It will include all hierarchical positions and the skills needed to achieve them, such as: training, skills, length of service in the previous position and other characteristics.

Career planning is a plan that structures a professional's path within the organization according to their goals. It serves as a guide for the employee to understand where they are, where they can go and what they need to do to get where they want to go.

Therefore, the career plan must contain all the company's hierarchical positions , the skills required for each of them, promotions, projected salary increases, benefits, training and courses that can be made available by the company, for example.

It can be treated as a company benefit, used both to attract and retain talent, who tend to be more motivated by the possibility of development and growth within the organization.

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What are the types of career paths?
There are several types of career plans that can be adopted in companies. Let’s understand each one:

Horizontal career
Many people do not consider this model as a career plan. This is because in a horizontal career there is no possibility of hierarchical growth. In other words, the employee can earn salary increases and recognition, but there are no promotions , since everyone in the company has the same hierarchical level.

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Online career
In this model, the hierarchical structure is rigid , and occurs mainly in military careers and public services.

Here, promotion is difficult and time-consuming , and only happens over the years in the same job. Furthermore, there is no opportunity to change areas, only to develop to levels above the current one.

Parallel career
An example of this type of career plan is traineeships . Professionals who participate in this type of program have a greater chance of becoming leaders within the organization, so they follow a hierarchical branch parallel to the others.