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The career marketplace: what the future of work looks like

A dynamic alternative to traditional career management approaches


April 3, 2017

How employers can move from managing career management programs that miss the mark for employees to building and leveraging a broader career marketplace model

At a glance

  • Fewer than half of employees believe their employers provide useful career planning tools (44%) or opportunities to advance (43%).
  • As the use of nonemployee talent is increasing, so is the demand for career development opportunities critical to advancement and marketability.
  • The notion of traditional career management is shifting from an HR-owned, one-size-fits-all program to one of a business-focused and talent-led initiative.

In today’s world of work, employees are not necessarily looking to follow a narrowly defined linear career path through a series of positions up the ladder. Nor are most of them looking for lifetime employment with one employer. Employees are looking for more than a job — they expect a personalized work experience aligned with their values and preferences. In addition, they place a premium on development opportunities that will allow them to build new skills, enabling them to remain marketable in today’s unpredictable work environment, where relevant skills provide a more modern version of job security.

To help organizations keep pace with ever-shifting talent requirements and with the changing wants and expectations of the modern workforce, the career marketplace model offers an agile, dynamic alternative to traditional career management approaches. It connects employees with development opportunities best suited to their needs while offering employers access to a broad pool of critical talent.

The career marketplace

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