Offering Career Development Gives Employers Leg Up in Recruiting and Retaining Top Talent

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By Genevieve Douglas  

CHICAGO--Offering opportunities for professional and career development boosts an employer's ability to recruit and retain top talent, according to a report released June 16 by the Society for Human Resource Management at SHRM's Annual Conference & Exhibition.

Approximately 40 percent of respondents to SHRM's 2013 Employee Benefits Research Report said offering such opportunities is the No. 1 factor in recruiting and retaining high-performing employees.

Those benefits include programs that provide cross-training to develop skills not directly related to employees' current jobs (offered by 44 percent of respondents), formal mentoring programs (20 percent), and off-site professional development opportunities (85 percent).

For the report, SHRM surveyed 518 HR professionals for their thoughts on nearly 300 benefits.

Information on the report is available at