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Growing from within: the power of internal mobility

Unlocking internal mobility is key to thriving in today’s fast-paced work environment, fostering growth, enhancing skills, and boosting employee retention.

Blog
Date:
September 30, 2024
Read time:
5 min
Author:
Estefania Hernandez

In a fast-paced work environment, opening the door for team members to grow inside companies and helping them achieve their professional goals has become a game-changer for businesses. Internal mobility — whether moving employees up the ladder or across different teams — is one of the most effective ways to develop skills, boost retention, and keep a motivated team.

Here’s a look at why this matters and how it can make an impact.

Fueling career growth and satisfaction

Internal mobility is key to keeping employees happy and engaged. When people know they can grow their careers within the same company, they’re more likely to stick around and give their best. Here’s why it works:

  • Better engagement: Employees are more motivated when they see clear opportunities for growth and receive actual support from their company and leaders to achieve it.
  • Higher retention: Companies with strong internal mobility have almost double the retention rates compared to those without it.
  • Match made in heaven: Internal moves help employees find roles that better fit their skills and talents, leading to better overall performance and results.

Building skills and versatility

One of the best perks of internal mobility is how much it helps employees grow their skills:

  • Continuous learning: Preparing for a new role always implies team members are learning something new and gaining fresh skills.
  • Cross-functional knowledge: Moving across teams gives employees a broad understanding of the business, making them more adaptable.
  • Filling skill gaps: Internal mobility allows companies to address talent needs by placing employees where they can shine.

Encouraging collaboration and innovation

Internal mobility is also great for breaking down barriers between teams and boosting knowledge sharing:

  • Breaking silos: As employees move to different departments, they bring valuable insights that promote collaboration.
  • Holistic understanding: Employees with experience across teams have a more well-rounded perspective, leading to smarter decision-making.
  • Boosting creativity: New ideas often come from people who have worked in different areas, and internal mobility fuels that kind of innovation.

Making companies more agile

In a world that’s always changing, internal mobility helps organizations stay nimble:

  • Adaptability: Employees used to switching roles are better at adjusting to new challenges or market shifts.
  • Quick talent shifts: When priorities change, companies can move employees to high-impact areas fast.
  • Lower hiring costs: Promoting from within saves on recruiting and onboarding while also allowing everyone to keep growing within the company.

Boosting your employee value proposition

A strong internal mobility program can make your company more attractive to both current and prospective employees:

  • Attracting talent: People want to work for companies that offer real opportunities for career growth.
  • Competitive edge: Companies that focus on internal development have a competitive advantage in recruiting and retaining top talent.
  • Employer brand: A reputation for helping employees grow speaks volumes about your company culture.

How to build a successful internal mobility program

To get the most out of internal mobility, companies should:

  • Understand employee skills: Keep track of what your team can do and where their strengths lie.
  • Build cross-functional teams: Focus on skills when forming teams, not just job titles.
  • Encourage skill sharing: Create opportunities for employees to mentor and learn from each other.
  • Offer development programs: Invest in training that helps employees grow beyond their current roles.
  • Reward collaboration: Recognize and reward employees who contribute across different teams.
  • Leverage technology: Use platforms to map skills and match employees with new opportunities.

Wrapping up

Internal mobility isn’t just about promotions—it’s a way to keep your team engaged, help them grow, and build a more adaptable workforce. When companies embrace this approach, they create a stronger foundation for long-term success. Plus, it helps retain great talent, saving time and costs on external hiring while giving employees the opportunity to thrive.

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