ARG Financial Salary Guide 2023

Beyond platform selection, ensure employees are set up for success. If using an online system, properly train them before launching the program and schedule achievable timelines for course completion. If pairing employees in mentoring or coaching relationships, make sure they have clear goals, benchmarks, and timelines that won’t compete with day-to-day work and deliverables. Measure Your career path program needs key performance indicators that track both individual and program success. Evaluation objectives need to be specific for individual growth plans, which then ladder up to organizational goals. The evaluators of your program need to develop a strong framework for measuring success. Data should be 1) collected for individual plans, 2) organized and analyzed using your success framework, and 3) interpreted to draw conclusions and measure effectiveness in increasing employee growth and satisfaction. Reports should be sent to key stakeholders to evaluate the effectiveness of the entire program. Advance Always follow through on the final step: promoting or advancing individuals who successfully complete their program. You can maintain high levels of employee engagement and satisfaction — while building positive company culture — by recognizing and rewarding employees who meet their goals. Your actions in creating and celebrating upward mobility will result in greater levels of trust and respect throughout the entire organization.

22 Financial Salary Guide & Employment Outlook 2023

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