Succession management, especially with unemployment at an all-time low, is critical to long-term workforce planning. Not only does it offer employers a process to identify and develop top performers for future internal positions, but it can impact engagement by showing employees they’re a valued member of your organization. In fact, a Software Advice study found that 62% of employees would be more significantly engaged at work if their employer instituted a succession plan.
How succession management improves employee retention and engagement
