article thumbnail

11 Succession Planning Best Practices to Follow in 2024

AIHR

Poor succession planning can be incredibly expensive. But with a rock-solid succession planning strategy, you can ensure a smooth transition of leadership, minimizing disruption and maintaining stability. Contents What is succession planning? 11 succession planning best practices to follow 1.

article thumbnail

Core Competencies 101: Incorporating Across the Employee Lifecycle

AIHR

The vital role of core competencies for HR Core competencies serve as a basis for recruiting , performance evaluations , career development , and succession planning. Core competencies also provide a framework for assessing employee performance and identifying areas for improvement.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Creating a PIP: 4 Performance Challenges with Performance Improvement Plan Examples

15Five

In fact, research shows engaged employees are 17% more productive than their peers. Employee engagement is comprehensive and involves a person’s perception, feelings, and beliefs about the business, the people they work with, leadership, and the work itself.

Metrics 76
article thumbnail

How to Create a Work Environment That Encourages Career Advancement

Zenefits

Let’s look at exactly how offering career development and supporting employees’ growth can benefit your business. Increased employee engagement Employees who remember speaking to their manager about career goals within the last 6 months are more likely to be engaged than those who haven’t had the same type of conversation.

article thumbnail

Director of People and Culture Job Description and Salary

AIHR

HR strategy and planning: Develop and execute HR strategies that support the overall business strategy. Employee engagement and well-being: implement initiatives to create a work environment that supports employees’ physical and mental wellbeing. Highlights diversity, equity, employee engagement, and satisfaction.

article thumbnail

[Free] Professional Development Plan Template and Guide for 2024

AIHR

The Business Development Manager might aim to enhance negotiation, networking, sales, and presentation skills by attending specialized workshops, conducting regular market research, and participating in relevant training programs over the next six months to a year.

article thumbnail

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

AIHR

It can also illuminate employee engagement, leadership development opportunities, inclusion practices, and more. A high promotion rate suggests that employees are being promoted based on performance and that the business provides ample opportunities for development and growth.

Metrics 77