Oftentimes, HR overlooks very capable employees and opts to hire outside of the company due to above-average attrition rates, Harvard Business Review reports. The LinkedIn Talent Trends study, conducted in the first quarter of 2016, showed that 25% of professionals today have their eye on a promotion. Yet, another 24% are happy to take another job due to lack of internal opportunities.
There are a few factors that put the focus on attrition rather than on training internal employees for promotion, HBR reports.
