|
|
Article: Decisions - Career breaks - Break or brake? Staff development is crucial to retaining good staff. But do sabbaticals and the like actually help employees' careers or hold them back?
- Article from:
- Financial Director
- Article date:
- June 1, 2005
- Author:
CopyrightCOPYRIGHT 2005 Incisive Media, published with the permission of Incisive Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Byline: Sarah Perrin.
If the pressure is on to recruit and retain talent, your human resources department may suggest introducing career breaks, sabbaticals and sponsored MBAs. But are such schemes the most cost-effective way to attract quality personnel and encourage their loyalty?
The popularity of career breaks among modern workers is growing. Research commissioned last autumn by HR consultancy Aon Consulting found that 56% of employees are interested in taking a career break.
Companies that recognise this include pharmaceuticals company Eli Lilly (which offers sabbaticals on full salary after five years of service), Asda (offering unpaid ...