What is the story about?
What's Happening?
York-based consultancy h2h has launched a new digital toolkit named passport2progress (p2p) aimed at helping employees identify career pathways within their current workplace. The toolkit is designed to support businesses in retaining their best talent by providing a structured four-stage journey: Anchor, Accelerate, Aspire, Achieve. This initiative comes in response to a study revealing that 47% of employees find it easier to leave their current organization than to find a new role within it. p2p offers self-guided learning and activities, acting as a virtual career coach for SMEs, start-ups, and scalable businesses.
Why It's Important?
The launch of p2p addresses critical challenges in employee development and retention, particularly for SMEs and start-ups that lack the resources of larger companies. By empowering employees to take ownership of their career development, businesses can enhance job satisfaction and loyalty, reducing turnover rates. This toolkit provides an affordable solution for companies to invest in their workforce without the need for costly in-house systems. As businesses face increasing competition for talent, tools like p2p can play a vital role in maintaining a skilled and motivated workforce.
What's Next?
h2h plans to offer p2p through subscription models, allowing businesses to integrate the toolkit into their employee development strategies. The consultancy, led by Susan Binnersley, aims to expand its reach and support more businesses in navigating the complexities of career development. As the toolkit gains traction, it may influence broader industry practices, encouraging more companies to adopt digital solutions for employee growth. The success of p2p could lead to further innovations in career development tools, benefiting both employees and employers.
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