Explanation : Career development plays an important role in engaging and retaining employees. A comprehensive career development policy helps boost
employee engagement and increases retention. Career refers to the occupational positions a person holds over the years. Career development is a series of activities (training, development, and promotion) that contribute to a person’s career success and fulfillment. Career planning is the deliberate process of identifying an employee’s skills, interests, knowledge, and other characteristics; setting career-related goals; and establishing action plans to attain those goals. Career management is a process of enabling employees to better understand and develop their career skills and interests and to use these skills and interests most effectively both within the company and after they leave the firm. Career planning and development require a more comprehensive strategy than training. It necessitates honing capabilities that go beyond those required by the current job. Development efforts concentrate on how to prepare employees for future jobs in the company. A planned system of development for all employees can help expand the overall level of capabilities in an organization.