Performance Management and Succession Planning are two pieces of Talent Management that can’t be parted. One without the other isn’t a complete strategy. Succession Planning is an internal process used to develop your existing team members. The key is aligning your employee development with the values and goals of your company, a process already started in the sourcing and recruitment stages.

ClearCompany has processed millions of applicants, created thousands of hiring programs, and taken hundreds of talent acquisition teams to the next level with their industry leading ATS, Sourcing Module, Onboarding Platform and Video Interviewing capabilities. For nearly two decades we’ve been helping mid-size companies transform the way they source, recruit, hire and onboard talent. We’ve brought you Talent Success University and our Talent Success Conference and of course, countless talent acquisition articles, hiring research and recruiting resources right here on this site.

Recent studies by Future Workplace and Kronos reveal 87% of employers saying making improvements to retention in the coming years as being one of their highest organizational priorities. In 2017, employee salaries are expected to grow by 3%; with candidate and employee resources like Payscale easily accessible to research competitive compensation rates for specific job roles, addressing compensation is a vital step to the retention improvement process for employers.