Planning Related Topics 
N2Growth Blog
APRIL 30, 2024
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.
N2Growth Blog
APRIL 11, 2024
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.
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N2Growth Blog
JULY 17, 2024
Incorporating Emotional Intelligence into Succession Planning Focusing on emotional intelligence when identifying potential successors leads to more successful leadership transitions. Succession planning goes beyond analyzing technical skills and becomes a deliberate strategy to develop well-rounded leaders.
N2Growth Blog
JUNE 12, 2024
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.
Advertiser: Paycor
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!
N2Growth Blog
JULY 12, 2024
Adequate planning and forethought set the foundation for successful leadership succession. The Importance of a Structured Succession Plan A well-structured succession plan isn’t a luxury – it’s a necessity. A proper succession plan should not be merely reactive, sliding in a replacement when a vacancy appears.
N2Growth Blog
JUNE 12, 2024
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.
Advertiser: Paycor
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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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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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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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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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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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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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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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.
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