Creating an employee development plan template is one of the most important things a leader can do in order to retain their employees. Anyone who has ever led a team or managed an organization can tell you that retaining employees is far cheaper than replacing employees.
If, however, you are aiming to retain an employee, then you better be investing in their growth and there is no better way to map out an employee’s growth and career advancement than a good old-fashioned development plan.
Investing in the growth and development of your team members is a surefire way to increase your retention rates. In fact, employee development and training opportunities can be seen as some of the most important employee retention metrics you can track. Yet as is the case with any aspect of managing performance, you need a plan!
In the same way, you would need a proper employee engagement action plan to boost employee engagement, you will need a development plan for employees if you want to invest in employee growth and development.
We here at Teamflect are massive believers in organizations investing in employee development. That is the exact reason almost all of the performance review templates in our performance review template gallery have career development plans at the end.
While creating your own employee development plan could be fun, we know that the leader on the go might not have the time for that.
So we scoured the world wide web, put on our thinking caps, had long and hard discussions with our team, and not only put together some of the best free employee development plant templates online as well as creating some brand new ones just for you!
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Integrate your employee development process into your everyday operations!
Employee development plans can feel a lot like abandoned New Year resolutions after a while. To make sure you don’t run into that issue, you need to use a performance management solution that lets you create development plans inside your main communication platform. For Microsoft Teams users, that option is Teamflect!
You can try Teamflect for absolutely free and without having to sign-up, inside Microsoft Teams. No time or feature limitations whatsoever.