Glossary
Career Path
Meaning & Definition
The career path defines how an employee can advance and enhance themselves during their career through the use of a prescribed pathway. Within a career path, there are different categories of jobs available, skill expectations, primary responsibilities, and various advancement opportunities.
Why does Career Path matter?
- Increases staff satisfaction and retention.
- Clarifies what is available for growth and advancement.
- Allows for specific skill and learning needs to be identified.
- Increases the ability to effectively plan for succession and staffing.
- Aligns personal goals with business goals.
Governance & Policy Alignment
The term does not reference anything in legislation directly.
There are various ways to govern an individual’s career path:
- Talent management and development framework.
- Policies surrounding performance, promotion, and movement within the company.
- Learning, developing talent, and succession planning.
The use of transparency in how to meet these goals promotes fairness and encourages staff to strive for these objectives.