The Succession Planning Module enables HR professionals, managers and employees to record various data related to employees’ readiness for promotion or lateral transfer to fill specific jobs in the organization. Some employee readiness information is derived automatically from the integrated modules of HRToolbench, such as the employee’s current job description, potential career tracks, job competency levels, historical performance ratings, and multi-rater feedback.
Define Upward and Lateral Tracks:
HR professionals can define specific job succession tracks, or career ladders, both upward and lateral, which can then be matched to employees’ profiles to identify internal job candidates. The Succession Planning Module compares each employee’s personal credentials to the requirements of specific jobs. The employee’s manager also rates the employee’ qualifications and estimates the time period required for the employee to achieve full readiness for specific jobs in the employee’s career track.
Rank Candidates by Readiness:
Internal candidates for a specific job can be ranked in order of “most ready” to “least ready,” enabling the organization to accurately plan future staffing. Employee readiness information also enables managers and HR professionals to plan workforce development and recruitment strategies that avoid potential talent gaps in critical functions.
