Develop Better Leaders Through Coaching by HR
WRITTEN BY David Lunken, Senior Consultant
Organizations are losing talent and struggling to retain employees. The average job tenure in 2014 was 4.6 years vs. 21 years in 1955, according to statistics from the U.S. Bureau of Labor Statistics (BLS). Job tenures can vary widely depending on business and industry; for example, BLS data listed the average job tenure for the leisure and hospitality industry at 2.2 years.
While senior leadership tenure tends to be higher (approximately nine years for CEOs, according to recent statistics), job changes at the most senior level hit record levels in 2014. With executive leadership turning over more frequently, human resource professionals are needed now more than ever to take charge of their organizations’ leadership development programs.