Short-term career goals may focus on developing skills and increasing expertise or getting a promotion and a raise, while long-term career goals are more general or comprehensive, such as achieving a top-level position, moving on to other fields or retiring early. Accomplishing short-term goals makes achieving long-term ones easier.
Because of the rapid innovation and development in technology and many other fields, employees need to keep their knowledge and skill levels up to date and should make it a short-term goal to continually educate themselves and continue expanding their knowledge. Such an effort helps employees as they move up the corporate hierarchy and seek more responsibility. Additional responsibility helps individuals meet their short-term goals of financial freedom and stability, freeing them up to pursue longer-term goals.
A simple long-term goal is achieving a certain level within the hierarchy in the long run. Such an achievement is only possible through accomplishing a series of shorter-term goals. It also may be that an individual seeks to achieve a certain level in one field as a stepping stone to another field. In this case, expanding the range of short-term goals regarding education and skills enhancement is important. Such development may also help a worker achieve a level of financial security that allows them to pursue more personal interests or retire early.