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Individual Development Plan: 7 IDP Templates & Examples to Inspire You in 2024

Engagedly

Not only do these programs foster a culture of continuous learning, but they also boost employee engagement and help reduce employee turnover. Also read: Employee Turnover: Know Why Employees Quit What Is an Individual Development Plan? This ultimately leads to a 34% higher retention rate.

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How Company Culture Shapes Employee Engagement?

Engagedly

In fact, measurement of both factors, culture and engagement, is necessary as they yield major benefits. For developing a high-performance culture fueled by engaged employees, decouple the two – culture and engagement – and see each as an individual entity with its own set of contributions. .