What is Replacement charts?

Whether you're a beginner or an expert, you will find this Glossary useful.

Replacement charts refers to a tool used in succession planning which lists the critical job roles in a company along with current and future job vacancies in order to help the companies visualize key job roles.

what-is-replacement-charts


Replacement charts definition

Replacement charts refers to a tool used in succession planning which lists the critical job roles in a company along with current and future job vacancies in order to help the companies visualize key job roles.


How do replacement charts function?

In replacement charts positions are mapped alongside information such as potential replacements, age, skills, experience, gender and promotion potential.

Replacement charts classify employees into employees ready for promotion, employees who would be ready for future promotions if given additional training,employees performing satisfactorily but needs motivation and further improvements and employees who are not fit to be on employment and need to be replaced.

Updates to replacement charts are made regularly especially in response to fluctuations in economic conditions or business activity.


Free Glossary of Human Resource Terms

Improve your HR vocabulary by learning the most important HR terms & Definitions

Download Now

2018 Guide for Buying a Recruiting Tool

Download this guide with useful advices for buying a recruiting software tool that will help you improve your hiring efforts.

Get the Guide
TalentLyft ATS

Your Hiring Teammate

TalentLyft is intuitive and simple recruitment software specialized for SMBs.
Try it free for 14 days!
No credit card required, unsubscribe at any time.