A career stage model explains the four stages that individuals pass through in their careers. The four stages consist of establishment, advancement, maintenance and withdrawal.
Susie Steel of Hearts Development Firm is nearing retirement from a very long and successful career. As part of Susie's final farewell, the human resource department is putting together a video of her 30 years at Hearts Development. The video consists of all of the career stages that Susie has moved through during the years. A career stage model demonstrates the four stages that individuals pass through in their careers. The four stages consist of establishment, advancement, maintenance and withdrawal. An individual can move through these four stages at any age depending upon when they begin their career.
Susie's video begins with her very first day with Hearts Development. Susie was a young adult just out of college. She had a degree in finance and wanted to be just like her idol, Ronald Dump, a huge real estate investor. The first stage of an individual's career is called establishment. During this first stage, a person learns the basic elements of the job and where they fit within an organization. The approximate age range of this stage varies from 21-26 years of age. Some individuals who change careers later in life also must go through this stage at a more advanced age.
Susie was very dependent upon her colleagues and superiors during this stage. She was transitioning from living with her parents and finishing college. Susie undertook a psychological contract with the organization, which is an implicit agreement between an individual and an organization that details exactly what is expected in the relationship. Susie felt that in addition to the salary, benefits and perks she received from the company weekly, she also expected support from mentors in helping her develop in her position. The video showed Susie in training and learning how to present to clients with her mentor watching.
The next part of the video showed the most exciting part of Susie's career. The video demonstrated all of the big successes Susie had - along with the resulting promotions - during the advancement stage. The second stage concentrates on high achievement and further employee development. Most individuals in this stage are in middle adulthood and range from 26-40 years of age.
The video followed Susie as she found a career path with the real estate contract division. A path consists of a series of job experiences that an employee moves along during his or her career. Susie tried different departments such as real estate, marketing, finance and contracts. The video also showed Susie being promoted to real estate rep, real estate manager, contracts manager and then vice president of contracts. She accelerated up the corporate ladder at Hearts very quickly due to her work ethic and intelligence. A ladder is a series of job positions through which an individual progresses within the company.
One part of the video made Susie cry as it showed when she first met Ronald Dump. Ronald became her mentor and helped her speed her advancement within the contracts department. Ronald provided guidance, counsel, coaching and friendship to Susie, which gave her confidence to continue up the corporate ladder.
The video then moved into her later career with Hearts. Susie spent the last ten years at Hearts working side-by-side with her mentor in the contracts division. The third stage, maintenance, consists of the employee maintaining productivity while evaluating career goals. Most individuals in this stage are in middle to late adulthood and range in age from 40-60.
The video showed all of Susie's accomplishments and risk-taking successes. Her Mob-themed amusement park and her 1950s-themed mall were showcased in the video. Susie was happy to see that although she had hit a career plateau, she was valued with the company. A career plateau is a point in a career where the chances of the individual moving up the corporate ladder are slim. Susie never wanted to be become CEO; she just wanted a challenging career with travel and opportunity. She had become a mentor herself to many of the young, ambitious employees. Now, Susie was more interested in where, when and how she was going to retire.
The withdrawal is the final stage and deals with the ending of a career. Susie plans on having a phased retirement, where hours are reduced and full retirement comes gradually - in this case, at the end of the year. Susie's video ends with final farewells from all of her coworkers, subordinates and mentors. What an amazing career!
A career stage model demonstrates the four stages that individuals pass through in their careers. The four stages consist of establishment, advancement, maintenance and withdrawal. Each of the stages represents the age of a worker and the responsibilities and challenges that need to be addressed. Some workers repeat this model if they have a second career or midlife career change.
After seeing this video lesson, where a career is concerned, you should be able to:
- Understand what a career stage model is
- List and describe each of the four different career stages
- Define psychological contract, career path, corporate ladder, career plateau and phased retirement