The workers you need may not be familiar with pathways to advancement in your organization. This may lead some to leave for a modest increase in compensation elsewhere. If they knew their future potential, however, they may stay.
Increasingly, employers are recognizing the importance of identifying career paths and high-growth occupations, and helping employees plan for career growth. Benefits cliff calculators can help workers and employers to see the impact of the cliff, and make informed choices, for longer-term financial stability.