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Navigating Uncertainty in 2024: Succession Planning in Turbulent Times

N2Growth Blog

Understanding the Current Landscape: The Impact on Succession Planning In 2024’s rapidly evolving business environment, succession planning is constantly shifting. Proper succession planning acknowledges this and incorporates mechanisms to adapt and respond swiftly.

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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 448
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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.

Planning 414
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Unlocking Potential: How Succession Planning Enables Future Success

N2Growth Blog

At its heart, succession planning is all about pinpointing and nurturing future leaders who can seamlessly step into critical roles within an organization when the time comes. The strength and longevity of an organization often depend on effective succession planning.

Planning 221
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3 Steps to Successful & Strategic Year-End HR Planning

Year-end can be a hectic time for HR professionals, but with proper planning and organization, you can navigate it smoothly. Learn the main watch outs for year-end HR prep with Paycor’s helpful checklist covering employee data, wage and tax information, and special situations. Ensure compliance and efficiency by downloading today!

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Integrating Succession Planning with Organizational Strategy for Maximum Impact

N2Growth Blog

Understanding the Importance of Succession Planning in Business Succession planning is a strategic commitment to future-proofing an organization. A robust succession plan also builds a culture of continuous learning, where employees are engaged, curious, and motivated to develop their skills.

Planning 195
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The Global Perspective: Cross-Cultural Considerations in Succession Planning

N2Growth Blog

Understanding the Importance of Succession Planning Succession planning is vital for any organization’s long-term stability and growth. A well-crafted plan safeguards the company’s cultural future by ensuring smooth transitions and maintaining key leadership roles during unexpected changes or executive departures.

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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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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.