Why career development outranks salary

A panel of experts at C&IT's US Forum discussed whether personal development beats reward for retaining top talent.

Is career development more important than salary and perks in keeping the best performing talent at event agencies? This question was put to three agency panellists at C&IT’s US Forum, held at Chewton Glen.

Scott Cullather, CEO of INVNT said: "Compensation is obviously very important but if you can give high performers a belief and a vision that they can grasp onto, and allow them to grow into that, the perks and compensation will come along with it."

Ashfield Meetings & Events’ global marketing manager, Stephanie Gross, agreed, saying: "The salary has to come along with developing in your role and taking on new responsibilities."

Steve Perkins, MD of GOTO Events, added: "A lot of it comes down to the individual and what the individual wants. If somebody’s hyper-ambitious then career development is going to be important to them. The pathway and journey of where they can go have to be real. 

"You ask so many people why they left a particular job and they often say it’s because they were promised the earth and that there would be career development opportunities, but there weren’t. 

"There was a cap on their progression and the only way they could move up was if someone else left the organisation."

You can watch the full panel discussion in the video above. 

For more features and breaking news sign up to C&IT Magazine's daily Newstracker.

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
‘A damaging lack of trust’: Can agencies and DMCs improve their relationship?

‘A damaging lack of trust’: Can agencies and DMCs improve their relationship?

Incentive planners and DMCs discuss the need for more transparency in their working relationship.

C&IT launches incentives survey

C&IT launches incentives survey

Want to be recognised as one of the UK’s top incentive agencies? Complete this quick survey by 31st January.

You shouldn't have to eat junk food at events and go home 'feeling lousy'

You shouldn't have to eat junk food at events and go home 'feeling lousy'

Big changes to how long events affect our health and wellbeing are urgently needed, says a VP of BCD Meetings & Events.

Diary of a delegate: Undiscovered Azerbaijan

Diary of a delegate: Undiscovered Azerbaijan

Exploring the emerging destination’s modern and medieval experiences in Baku, Gabala and Sheki.

Brands at Work appoints new creative director

Brands at Work appoints new creative director

Senior hire brings experience from a range of sectors that will help the agency meet the evolving needs of clients.

In pictures: Four Seasons Hotel Bangkok opening March 2020

In pictures: Four Seasons Hotel Bangkok opening March 2020

The hotel at Chao Phraya River offers indoor and outdoor event spaces in the Thai capital.

Judges announced for C&IT Awards Americas

Judges announced for C&IT Awards Americas

The inaugural C&IT Awards Americas will be judged by a mix of regional and global event professionals.

Ditching ‘swag bags’ and tackling the problem of food waste

Ditching ‘swag bags’ and tackling the problem of food waste

Corporate event planners spoke about ways to reduce waste and make conferences more sustainable.

‘I thought having children would have no impact on my career in events’

‘I thought having children would have no impact on my career in events’

One event professional discusses the struggle to balance work and life as a mother of a two-year-old.

Six new recruits for Venues and Events International

Six new recruits for Venues and Events International

Swindon-based event agency expands its team, including return of two former employees, after new client wins.

LATEST JOBS