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Beyond the Corner Office: Holistic Approaches to Succession Planning

N2Growth Blog

Understanding the Importance of Succession Planning Succession planning is crucial to any organization’s growth strategy, and its importance cannot be overstated. A well-executed plan can minimize the risks of abrupt departures or retirements, thereby maintaining business continuity and preserving institutional knowledge.

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2024 Succession Planning Trends: Staying Ahead of the Curve

N2Growth Blog

Understanding the Importance of Proactive Succession Planning Proactive succession planning is pivotal for an organization’s sustainability and long-term growth. This effective planning is a buffer, allowing the enterprise to function seamlessly, even during transition periods.

Trends 440
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Breaking the Mold: Innovative Succession Planning for Non-Traditional Roles

N2Growth Blog

Understanding the Importance of Succession Planning In today’s corporate environment, succession planning is often undervalued despite its crucial role in ensuring an enterprise’s sustained growth and continuity. Human resource professionals are responsible for developing strong succession plans for non-traditional roles.

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Succession Planning: Sustaining Organizational Culture through Leadership Transitions

N2Growth Blog

By engaging in careful succession planning and making confident decisions, organizations can maintain their unique culture even in the face of change. Best Practices for Ensuring Smooth Leadership Transitions Investing time in meticulous succession planning is crucial for seamless leadership transitions.

Planning 217
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Individual Development Plan Template

There’s no way around it: sometimes employees need your help. Use this free template to clarify expectations, share resources, and set a timeline. Best case scenario, this process helps them improve. Worst case, your great recordkeeping keeps you compliant even if they move on. Download the template today!

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Crafting a Legacy: The Importance of Succession Planning in Family Businesses

N2Growth Blog

Understanding the Concept of Succession Planning Succession planning is a critical aspect of organizational management. It is a proactive strategy that ensures an organization is ready to handle sudden or planned departures of critical workforce elements. This procrastination poses a significant challenge.

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The Art of a Seamless Board Transition: Mastering Succession Planning

N2Growth Blog

Understanding the Importance of Succession Planning The importance of succession planning cannot be overstated in ensuring an organization’s longevity and growth. Succession planning begins with the process of identifying and developing new leaders within a business.

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The HR Leader’s Guide to Employee Management

Download Paycor’s guide to learn how to: Review and improve performance Create career paths Future-proof pipeline with succession plans Creating consistent employee management practices help create a positive workplace culture and improve key performance outcomes across the board.

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How to Build a Competitive Benefits Package

It’s no longer acceptable to offer status quo or one-size-fits-all plans - employees expect more. What to consider when evaluating plans. More than half of employees say benefits are a top consideration before accepting a job. Download Paycor’s guide to discover: Core components of a benefits package.

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Employee Safety During COVID-19: Compliance Toolkit

Ensure they’re prepared for the latest changes with a clear, concise plan. If you haven’t created an employee vaccination policy, now is the time to consider how you’ll communicate with your employees. Get Paycor’s toolkit to learn more.

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The HR Playbook: Reduce Turnover with Employee Benefits

Paycor analyzed its customer base of more than 30,000 medium and small businesses nationwide and found that as organizations add benefit plans, there is a significant decrease in turnover. Regardless of the company’s size, those that offer the right mix of benefits outperform the competition.

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Paycor CFO Survey: The State of American Business in 2021

Here are some examples of what we found: 86% are concerned about mental health, but very few have a plan. Paycor surveyed more than 2,000 Finance and HR leaders about the state of American businesses. Finance leaders are more confident in their ability to manage change. HR is more bullish on both the short- and long-term.

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Paycor HR Leaders Survey: The State of American Business in 2021

86% are concerned about mental health, but very few have a plan. Here are some examples of what we found: HR is more bullish on both the short- and long-term. Finance leaders are more confident in their ability to manage change. Less than 10% of HR technology is highly effective at mitigating risk.

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How Businesses are Managing the New Reality of Work: A Paycor Survey

And perhaps most importantly, what are their plans for the future? Did they need government funds? How many workers did they layoff or furlough? Are employees working from home now? How’s team morale? Download the guide to see all the survey results and where your organization might stand comparatively.

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Benefits in a Pandemic: What HR Leaders Need to Know

How employee benefits plans will look this time next year is anyone’s guess, but one thing’s for sure: traditional packages will be replaced with plans that cater to remote and dispersed workers for the foreseeable future.