Rethinking Retention Through Internal Mobility

This report examines the impact of internal mobility on employee retention within the APAC region. It presents data indicating that internal mobility can increase employee retention by up to 72%, with a notably stronger effect for Generation Z workers, who exhibit a 30% higher likelihood of staying with their employer after an internal move compared to older generations. The report details that both lateral moves and promotions are effective in enhancing retention, with lateral moves proving nearly as beneficial as promotions. The findings suggest that the opportunity for growth and learning is a significant factor in employee commitment, regardless of company size. Larger organizations tend to have slightly higher retention rates following internal moves due to more available career paths. The report concludes that companies should view internal mobility as a strategic retention tool, emphasizing the importance of creating clear career pathways and fostering a culture of growth to maintain a committed workforce.