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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.

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9 Best HR Courses for Beginners to Check Out Right Away

AIHR

Here’s our full list of HR certification courses: HR Generalist Sourcing & Recruitment Talent Management & Succession Planning People Analytics Organizational Development Digital HR 2.0 Compensation & Benefits Diversity, Equity, Inclusion & Belonging HR Manager HR Business Partner 2.0

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21 HR Roles in an Organization: A 2024 Overview

AIHR

HR uses strategies like strong employer branding , attractive compensation and benefits offerings, and carefully crafted job postings to attract top talent, hire high-potential candidates, and ensure the company has enough qualified employees to complete daily tasks and meet the long-term goals of the organization.

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

ACR: Application Completion Rate The Application Completion Rate (ACR) is a recruiting metric that measures how many candidates who started a job application successfully completed it. CPH: Cost Per Hire Cost Per Hire (CPH) is a recruiting metric that measures how much it costs a company to hire new employees.

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Talent Acquisition

AIHR

In contrast, recruitment tends to be the short-term, operational task of filling vacancies. Conversely, talent acquisition requires more time and planning to understand the different roles and departments, as well as the unique set of skills and experience required to succeed in each position. Learn more What is a job requisition?