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Definition of Career Path:

A career path is a group of jobs within a career domain that can help achieve career goals and objectives. Usually, employees start with an entry level position. As time passes on, they gain more experience, training, skill set, and education that will elevate them to the subsequent levels in your career. 

For instance, for someone interested in marketing, they start as a marketing associate, then become a marketing specialist, followed by becoming a marketing lead or a manager, followed by becoming a top-managerial executive in the company.

Why should companies design career path plans? 

Career path helps employees and employers alike. With a solid career path, employees get a sense of purpose. They know what they want to achieve and are motivated to give their best. They gain more experience, develop their skills, and experience diversity. They are excited about the journey and are willing to perform their best. 

For companies, developing a career path for their employees helps retain their top employees and become an employee centric company. This will further help in attracting good candidates, thereby giving an edge over other employers in the market. 

How to design an effective career path for your employees?

  • Create or update your organizational chart to identify what opportunities your company can offer.

  • Do a detailed job profiling to understand what each job role would entail and how you can measure the success of each role. 

  • Create a roadmap for each job, department, or team. Identify branches, if any in the roadmap, such that an entry-level employee has options to choose how to develop in their career. 

  • Identify if there’s a need for training and mentorship based on employee survey, exit interviews, departmental performance, review meetings and so on. 

  • Provide training, mentoring and employee development programs in your company.

  • Let all your employees and job candidates know how their growth in the company would look like. This is crucial and needs to be done in the onboarding phase itself.

  • Train your managers and executives on how to guide and mentor employees in their career.