Best practices of companies on Working Mother’s 2020+ Top Companies for Executive Women released Dec. 1 include offering training for managers on hiring and advancing women, thus benefiting retention. About 90% of the top 10 companies also offered profit-and-loss training for women, including multicultural women, compared to 63% of the top 75.
However, managerial training is often overlooked, Janet Harvey, member of the International Coaching Federation Thought Leadership Global Board and master certified coach, told HR Dive in a previous interview. “We spend all this money on high potentials,” Harvey said. “I’m not saying that’s not important, but if we took 10% of the money that we spend at the top of the house and put that down at the front-line supervisors, we would not have succession planning issues.”
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