What is a career plan?
All human beings instinctively want to progress in life and in their career. A career plan forms part of an effective performance management system and indicates to an employee the career options open to him/her. The career plan is formulated by consulting the employee in order to understand his/her aspirations and then to apply this aspiration to the company’s organizational structure. The employee will be assessed and he/she will be informed of what development and experience is needed for/her to progress through the different levels of his/her career plan. Regular assessments on readiness are discussed with the employee, usually during performance review meetings. Career plans is also known as career ladders and various other names.