Career advancement is more complicated than it has ever been. There are no longer clearly defined stages. Employees are changing employment at an unprecedented rate, and the transition can now be lateral, diagonal, up, or down, with new opportunities opening up all the time. Study shows that Millennials anticipate to stay in their present work for three years or less, implying that they will have 15-20 different jobs over their career.
Tractus assists today’s workforce by focusing on the responsibilities, skills, and learning required for the positions they have now and desire in the future. Here’s how this can be done:
- Relevant education. Traditional development relies on lessons, courses, and competencies that are rarely reinforced, easily forgotten, or inconsistently implemented. Forty five percent of L&D-led learning is squandered. Wasted time, money, and effort cost an average Fortune 500 firm $24m a year for 10,000 workers [CEB]. To make learning relevant, use skill-level tools. Degreed ties learning to skills and skills to positions, allowing people and companies to identify their skills, what they need, and how to get there.
- Additional opportunities for self-directed education and coaching. People tell us that they think their own self-directed learning helps them do better at work than the training they get from their employers by a ratio of 3.5 to 1. Tractus connects all the best ways to learn, including internal corporate resources and the world’s largest collection of professional learning content. This makes it easier than ever to promote self-directed learning and a learning culture. In addition to letting people learn on their own, Tractus makes it easier for managers and employees to talk to each other about their development.
- Increased choices for a lattice-style career path. The days of climbing up the corporate ladder are over. On a ladder, there was only one way to move up. The lattice career path goes to the left, to the right, down, and up. Skills are important and common to many job roles, but they don’t always apply in a straight line or make sense to the person or the company. By tracking at the skill level, people can see how they can move up in their careers based on the skills they are best at and match those skills to roles for which they are also qualified. Tractus can help employees understand how their job fits together. It can also teach people what skills are needed for certain jobs and give them the training they need to get those skills.
When you sign up with Tractus, you’ll unlock tools that will help you optimize your training programs, amplify employee engagement and potential, foster a high-performing organization, and build a culture of learning and growth. You’ll be paired with an expert who will work with you to understand your unique needs and will deliver the optimal learning solutions to drive your business forward.