What All does it costs?

Career: Herbert Simon defines career as an honorable occupation with one normally takes up during his/her youth with the expectation of advancement and pursues it until retirement Career planning and development is a means by which an organization can sustain or increase its employees productivity and at the same time preparing them for a changing world.
According to Milkovich and Boudreau Career development = Career management + Career planning

Identifying and making clear opportunities available. To reduce employee turnover. To Increase productivity. To identify the career stages and enhance the motivational level. To achieve the organisations goal by providing the employees paths to reach higher order needs.

Career Planning Career Paths

Career Goals

Career
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Career stages and Important needs Needs Safety, Security Physiological 20 Safety, Security 25 Achievement esteem, autonomy 30 Self Esteem actualization actualization 45 55 65

Age Career Stages

Exploration

Establishment Advancement Maintenance

Retirement

Human Resource forecasting and planning Career Information Career Counseling Career Pathing Skill Assessment training Succession Planning

Involvement of the employer and employee Employees need to be aware of the organizational opportunities.

Efforts are insincere Look for immediate benefits Lack of interaction with hired agencies Impracticability in introduction No system to evaluate Bureaucratic model of organization