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Marriott International focuses on employee development to attract and retain talent

Fortune ·

MAR Marriott International Inc
$356.50 -1.32%
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  1. 1Marriott International is focusing on employee development to improve talent recruitment and retention.
  2. 2Marriott International, which holds more than 800 assets in Europe, ranked 15th on Fortune's list of best workplaces in Europe.
  3. 3The retention rate of Elevate program participants was 2.5 times higher than non-participants, and the likelihood of promotion was 5.5 times higher.

So what's the key point?

Marriott International is investing in training to hire good employees and help them stay with the company. Employees who participate in training programs are 5.5 times more likely to be promoted than those who do not.

Source Fortune · View original ↗

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