1. Home
  2. HCM
  3. Talent Management
  4. Career Development and Succession Planning
  5. Succession Planning

By: Pascal PERRY

Posted:

Succession Planning Functions & Features

Succession Planning provides functionality that enables managers to identify and develop internal personnel who have the potential to fill key or critical positions within the organization.. Succession Planning Functions & Features are an important module of the comprehensive HCM RFP Template.

The HCM RFP template with Succession Planning Functions & Features for HCM is a Microsoft Excel spreadsheet (.xlsx) featuring a total of 1430 decision criteria. The HCM RFP template allows you to quickly and easily prepare the business, functional, and technical requirements sections of the solicitation package you'll send to HCM software vendors. It ensures for:

  • complete response from each HCM software vendor
  • deep and accurate evaluation of submitted HCM proposals
  • impartial side-by-side comparison of HCM solutions evaluated
  • rational and documented selection of the best matching HCM system

The HCM software comparison report can save you up to 90% of the time you would have otherwise spent comparing all the HCM solutions from scratch.

Download Now!

The Succession Planning Functions & Features comprise the following elements:

  • Offboarding

    Modules include Enables manager request for termination workflow;Automatically notifies all the involved departments of the organization about employee termination (e.g., security, payroll, IT, etc.);Manages and tracks inventory of assigned company property;Generates exit surveys in real time;Tracks terminations by reason (e.g., discharged), date, rehire eligibility, etc.;Maintains exit interview information (e.g., termination date, reason for termination);. Offboarding, Succession Planning Functions & Features

  • Talent Readiness Planning

    Major modules covered Searches for candidates against an established talent pool profile;Manages talent pools for succession or career development;Maintains a workforce inventory to develop talent pipeline;Creates and manages detailed talent profiles (based on experience, exposure, and education level);Identifies high-impact positions;Identifies and tracks high-potential employees;. Talent Readiness Planning, Succession Planning Functions & Features

TEC Advisor can save you up to 90% of the time you would have otherwise spent figuring out on your own which HCM solution is the best for your needs.

Compare Now!
Functions and Features