Creating an excellent employee experience needs managing every touchpoint and stage of the employee journey in your organization. Employee management strategies and HR tools, workforce management software, or employee management system should be able to recognize different employee needs and support them efficiently. Let us explore the employee life cycle and why managing it is so important for employees and the organization.
What is an employee lifecycle?
The employee lifecycle incorporates the various stages of an employee, from starting from joining the organization and continuing until resigning or retiring from the same organization. It contains various stages of how an employee progresses through an organization. Many departments, like HR, WFM, and other departments, play a significant role in the employee lifecycle, including their team members and manager.
Efficiently managing the employee life cycle ensures that employee potential is developed correctly, they can perform their roles, their goals are satisfied, and they contribute to the organization by adequately managing each stage and their distinct need. Employee or workforce management software is a great ally to managing the employee lifecycle in any organization.
What are the stages of the employee lifecycle?
Attraction
A positive employer brand can draw the attention of the right kind of talent and other stakeholders. Whether hiring or not hiring, it will help create the right kind of buzz to impress the talents and make them want to join your organization.
Recruitment
Post the open positions where potential hires are, job boards, third-party platforms, or own employee forum. Once the potential candidates show up and apply or are sourced by the recruiting teams, they should be screened, interviewed, scored, and go through multiple stages before one is selected and receive the offer. If the offer is accepted, the next stage begins, and if rejected, another prospect is approached with the offer. Workforce management software with features for hiring or an applicant tracking system or recruitment software to conduct each hiring stage efficiently.
Onboarding
This stage is about introducing new hires to the organization, people, and their roles and responsibilities. Onboarding should ensure employees adapt to their workplaces and duties faster. Again, comprehensive HR, employee, and workforce management software or a standalone employee onboarding software can be adopted to improve the process. Remote and virtual onboarding and new hire training need appropriate tools.
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Development
Employee development is an essential and ongoing process for employees. After initial training and orientation, employees still need skill upgrades or to cross-train in new skills as they move to new roles or accumulate new responsibilities. The direction of employee development is different for each employee, and individual inclinations, will, and potential will decide how they want to progress in their career.
Retention
Employees must be motivated and engaged throughout their time in the organization. They should be informed, empowered, and satisfied with their work. Employee self-help options, greater access to information in HR, employee, or workforce management systems, and seamless experience and communication can improve employee satisfaction and retention. Employee benefits, development opportunities, and inclusive culture also boost employee retention.,
Offboarding
In the employee lifecycle, it is the last stage and as important as others. Leaving employees must also have a good experience as they will serve as brand ambassadors in the community. An offboarding survey or interview can be an excellent way to review systems and strategies.
Wrap Up
Managing the employee lifecycle determines employee performance, productivity, and growth. Also, it creates a lasting relationship with the employees. So, employees are satisfied in their workplace, engaged well, and retained in the organization longer. Attracting and recruiting quality talent and training and skill development ensures that the organization gets the full potential out of its workers.
Employee lifecycle management increases the organization’s overall performance, productivity, and efficiency of the organization. Utilize competent HR or workforce management software or employee management system to optimize employee lifecycle management to ensure business success.