What Is the First Step in Succession Planning

question 15

Multiple Choice

What is the first step in succession planning?

• A) creating an applicant pool
• B) identifying and analyzing key needs
• C) selecting who will fill key positions
• D) developing the strengths of current employees

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Definitions:

Training Rate

The pace or speed at which new employees are trained and prepared to perform effectively in their roles within an organization.

FLSA

The Fair Labor Standards Act, which sets standards for wages, overtime pay, and employment of minors in the United States.

Overtime

Additional hours worked beyond the standard work schedule, often compensated at a higher pay rate.