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Succession Planning Takeaways From The Boardroom Summit

Chief Executive

The economic impact of Covid-19, supply chain disruptions, increased shareholder activism and fears of a possible global recession are challenging corporate boards to rethink their C-suite succession strategies. Of chief concern is how boards should approach CEO succession planning.

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How to Develop a Staffing Planning (With Staffing Plan Example)  

AIHR

Used as a model, a staffing plan is a detailed illustration of the organization’s talent pool. It highlights the roles needed in each business unit, the required skills and competencies, succession planning, staffing budget, and ongoing development.

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What is a (Good) Promotion Rate and How To Calculate It

AIHR

Knowing how to calculate the promotion rate and benchmark your internal promotion rate against competitors allows businesses to understand how well they are promoting from within and pinpoint areas where promotion policies and practices could be improved. SHRM’s benchmarking report states that the average promotion rate is 6%.

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How to Use Performance Reviews to Motivate Employees

15Five

Over time, performance reviews have become the catch-all meant to not only evaluate employee performance, but also, according to Gartner , to “inform compensation, promotion and succession planning decisions as well as to drive employee performance, development and engagement.”.

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The Supreme Guide to Sales Compensation in 2023 (With Plan Examples) 

AIHR

Because sales compensation plans play a vital role in attracting and retaining top sales talent, HR needs to know how to design a competitive and appealing compensation structure that offers attractive incentives and rewards to drive performance and sales results. Contents What is sales compensation?

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Your Ultimate Employee Commitment Survey Guide [Plus Example Questions]

AIHR

This can help with succession planning. Data such as employee engagement scores, job satisfaction ratings, and alignment with the company’s vision act as benchmarks, which can help you make key decisions across the business. Why measure employee commitment?

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The Top 4 Reasons to Assess Leadership Capabilities with Simulations

LSA Global

Good Leadership Simulations Save Time and Money Simulation assessments that are research-backed can objectively measure and benchmark a leader’s personality, learning style, job skills, and potential, culture fit , turn-over likelihood, and engagement.