article thumbnail

Succession Planning: Essential Guide for HR

Analytics in HR

Succession planning model Succession planning framework A four-step succession planning process Succession planning examples Succession planning best practices FAQ What is succession planning? Employees get promoted, move companies, and retire every day. For example, a CEO is more important than a CFO. of the organization.

article thumbnail

Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

Over a seven-year period (1998-2005), the stock prices of these companies enjoyed an impressive 14% annual increase, significantly outperforming the market average.   Example- Indeed employee benefit and perks   Standing out as a top job board means attracting and keeping great talent.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Want Insanely Low 401(k) Fees? Follow These 6 Steps

ForUsAll

Taken as a percentage of the assets, over time, they can add up to a HUGE chunk of change that can take years off of your or your employees' retirements. A 2% fee doesn’t sound like daylight robbery, but over 35 years, that little fee can consume up to half of your retirement earnings. Of course, easier said than done.

article thumbnail

When an Acquisition Goes Awry It's Usually Because of Culture (i4cp login required)

i4cp

When the acquisition was consummated in 2005, both Sprint and Nextel had similar market capitalizations of around $30 billion. P&G and Gillette: Getting the best of both Conversely, when Procter & Gamble announced in January 2005 that it would buy Gillette Co. Some refer to it as one of the worst acquisitions in U.S.

article thumbnail

How COBRA Intersects with Medicare and Retiree Health Plans

HR Daily Advisor

Furthermore, the Medicare statutory rules allow employer-sponsored group health plans to reduce or terminate coverage if retired employees become entitled to Medicare. Active employee George retires. But the employer amends the plan to eliminate coverage for retired employees effective January 1, 2017. So what happens?

article thumbnail

10 Questions You Should Ask Your Retirement Plan Provider

Insperity

If only finding a retirement plan to offer your employees were as easy as retiring itself. From Simplified Employee Pension plans to 401(k)s to defined benefit plans, retirement plans come in many forms. A provider that caters to large businesses may only offer big business retirement plans. What’s it going to cost?

article thumbnail

Succession Planning: A Full Guide

Analytics in HR

This is an excellent example of the long-term, strategic perspective taken by Ajax. Examples of outcome metrics in this context are the number of critical positions that are filled with an internal promotion vs. an external hire, or the percentage of promotions that come from the high-potential pool. Measure outcomes, not process.