Rate of Employees with Development Plans
Percentage
The percentage of employees who have a clear, documented personal development plan in place, often co-created with their supervisors.
Personal development plans guide employees' growth trajectories, set clear expectations, and offer benchmarks for success. A high rate indicates an organization's commitment to individual growth and career progression.
Formula
(Number of employees with development plans / Total number of employees) x 100
Example
In a firm with 600 employees, if 480 have personal development plans, the rate is 80%.