- Human Resources
- Employee Management
- Insurance & Benefits
Succession planning is optimizing your workforce. Hiring a new employee can be expensive and time-consuming, an average company loses anywhere between 1% and 2.5% of their total revenue on the time it takes to bring a new hire up to speed. Nourishing your employees' professional education constructs better long-term employees. Planning for an employee’s future with your company will guide and prepare both you and your employee.
Succession planning sets a structure for the future and growth of your organization. Promoting from within your company gives employees clear goals to grow and develop the skills necessary to advance the business and their development in it.
Both you and your employees need to plan for the future. Succession planning maps out which employee has the best skillset for positions within your organization. Keep record of your employee’s continued education and performance to track their growth. The succession dashboard contains up to 100 configurable charts and graphs on each tab for at-a-glance visibility into succession plan details. Understand past performance and improvement to get a better understanding of the talent you have to work with.
Give us some basic information about yourself and your business goals, and we'll find a provider who is customized to your unique business situation, be it industry, locale, etc.