Paycom Releases Automated Career and Succession Planning Tool

Key Terms

career and succession planning technical

A company’s ongoing process to identify, develop, and prepare employees to fill key roles and leadership positions, and to map likely transitions when people leave or retire. It matters to investors because strong planning reduces the risk of disruptive leadership gaps, preserves institutional knowledge, and helps ensure strategy and performance continue smoothly—like a sports team developing its bench so the game plan survives injuries or substitutions.

9-box talent mapping technical

A 9-box talent map is a simple 3-by-3 grid companies use to plot employees by current performance on one axis and future potential on the other, grouping staff into categories like high performer/high potential or low performer/low potential. For investors, it matters because it summarizes a company’s bench strength and management’s ability to develop and replace leaders—much like a coach evaluating players to know who can carry the team forward—affecting execution, continuity and long-term value creation.

automated match scoring technical

An automated match scoring system is software that examines two pieces of information—such as an order and a trade, a news item and an investor’s interests, or a candidate and a job description—and gives a single numerical score for how well they match. Investors care because these scores speed decisions, highlight the best opportunities or trades, and reduce manual review, but they also shape which items get attention and can introduce hidden biases or errors if the scoring rules are flawed.

OKLAHOMA CITY--(BUSINESS WIRE)-- Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, today announced the launch of Career and Succession Planning, an automated tool to easily identify successors for companywide roles, assess bench strength and ensure talent management and development.

Paycom announces the launch of its Career and Succession Planning tool.

Without forward-thinking talent management, organizations risk disruption and uncertainty when leadership gaps arise. Career and Succession Planning seamlessly syncs with employee, performance and learning data in Paycom’s single database, giving leaders real‑time visibility into successor readiness and bench strength to confidently plan for the future.

Key features include a unified visual dashboard, actionable analytics, 9-box talent mapping, side-by-side talent comparisons, talent profiles search and automated match scoring to help ensure consistent decisioning criteria across the organization.

“Our new career and succession planning software equips leaders to more easily identify and develop talent, ensuring organizations are better prepared for the future,” said Chad Richison, Paycom’s founder and CEO. “With Paycom, organizations have reliable, accurate data to discover workforce talent gaps and assess talent readiness. By using our full-solution automation, clients can take a proactive approach to talent planning that supports both current needs and future opportunities.”

Furthermore, the tool automatically populates employee data to help organizations track key positions, assign successors and compare talent. The talent matching tool looks at variables including tenure, technical skills, leadership competencies, performance ratings and other workforce indicators, eliminating guesswork and outdated data.

To learn more about Paycom’s Career and Succession Planning tool, visit paycom.com/software/career-succession-planning/.

About Paycom

Paycom Software, Inc. (NYSE: PAYC) simplifies business and employees’ lives through automated, command-driven HR and payroll technology that revolutionizes data access. From hire to retire, Paycom’s employee-first technology leverages AI and full-solution automation to streamline processes and drive efficiencies in a truly single database, providing a seamless experience for Paycom’s clients and their employees. With its industry-first AI engine, IWant™, Paycom provides instant and accurate access to employee data without having to navigate or learn the software. For over 25 years, Paycom has been recognized for its innovative technology and workplace culture while serving businesses of all sizes in the U.S. and internationally.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260310212643/en/

Media Contact:

Larisha Hunter

media@paycom.com

Source: Paycom Software, Inc.