Question : Which of the following is a benefit of career development programs for employees?
Option 1: Reduced employee turnover
Option 2: Decreased job satisfaction
Option 3: Limited opportunities for growth
Option 4: Lack of employee motivation
Correct Answer: Reduced employee turnover
Solution : The correct answer is (a) Reduced employee turnover.
A benefit of career development programs for employees is reduced employee turnover. Career development programs provide opportunities for employees to enhance their skills, acquire new knowledge, and advance in their careers within the organization. By investing in employees' growth and development, organizations can increase employee satisfaction and engagement, which in turn can lead to higher levels of employee retention. When employees see opportunities for career progression and have a clear path for growth within the organization, they are more likely to stay with the company rather than seeking opportunities elsewhere.