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Succession Planning: Essential Guide for HR

Analytics in HR

Succession planning is essential to ensure critical roles in a company are not left vacant for extended periods or filled by people who don’t have the skills or knowledge to perform in the role. That means that over half of the organizations the surveyed HR professionals work at didn’t have a plan.

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Aging Workforce Challenges: Trends, Statistics and Impact

Digital HR Tech

Jeffrey Tamburo lists 4 of them in his article for the American Society on Aging : Financial: A lack of a proper pension plan or retirement savings forces a lot of people over 55 to continue to work. Simply because they can’t afford to retire. Postpone retirement. Hirsch , M.A., rather than making assumptions.

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Is it time for a culture check-up?

HRExecutive

When Lisa Bettinger Buckingham took the HR reigns at Lincoln Financial Group in December 2008, the financial-services industry was struggling to survive a global economic crisis that many economists today believe brought the world to the brink of a second Great Depression. Just weeks into Buckingham’s tenure, the Radnor, Pa.-based

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2023 workforce predictions: resilience over growth

Achievers

Development has long been a cornerstone of employee retention, career growth, and succession planning. Encourage one-to-one meetings at least bi-weekly and train managers in best practices. Research from the 2008 Great Recession found that layoffs of just 1% of the workforce led to a 31% increase in turnover.

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4 Talent Management Challenges The Insurance Industry Is Facing

Eightfold

As we saw in the financial crisis in 2008/2009, the insurance industry was very resilient, and did not have a downturn in unemployment,” Jon Loftin , president and COO of MJ Insurance, tells Insurance Business. “In Then, there are more organic, on-the-job methods of accelerating leadership training.

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15 Best HCM Software in 2024 (Based on Four Research Parameters)

Vantage Circle

Performance Reviews and Feedback : Conducts regular performance evaluations and provides a platform for feedback and development planning. Learning and Development: Training Management : Tracks employee training needs, schedules, and completion status. It caters to companies of all sizes but is particularly popular for SMBs.

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HR Passion Series #2: Featuring Jennifer Moniz – Human Consultant at On-Call HR Services

Kazoo

I completed my post graduate Human Resources program in 2008. With my many years as a Generalist I gained a vast knowledge and skill set to help companies in various areas including, Health & Safety, Employee Relations, Risk Mitigation, Recruiting, Disability Claims management and Training just to name a few. The Interview.