The employee life cycle covers the journey an employee goes through within an organization & covers everything from the moment they're hired until they leave.
The employee life cycle covers the entire journey an employee goes through within an organization. It covers everything from the moment they're hired until they leave. It's like a blueprint that outlines the stages an employee experiences throughout their tenure with the company.
It is critical to ensure that your employee lifecycle is not one-sided. A junior employee lifecycle typically lasts 18 months to 3 years on average. An intermediate, VP, or C-Level employee lifecycle, on the other hand, tends to last an average of 3 to 5 years.
There are seven stages at play in the employee lifecycle. Let's explore each one:
Recruitment: This stage involves attracting and selecting qualified candidates for open positions within the organization. It includes job postings, resume screening, interviews, and final selection.
Onboarding: Once a candidate is hired, the onboarding stage begins. This involves introducing the new employee to the company, its culture, policies, and procedures. It may also include orientation programs, training, and setting expectations.
Development: This stage offers employees opportunities to grow and develop their skills and knowledge. This can include training, mentoring, coaching, and performance evaluations to help employees reach their full potential.
Performance Management: The focus in this stage is on managing and evaluating employee performance. It involves setting performance goals, providing feedback, and conducting performance reviews. It also includes addressing performance issues or concerns.
Employee Engagement: Employee engagement is about creating a positive work environment and fostering commitment and motivation. It includes recognition programs, employee feedback mechanisms, and promoting collaboration and involvement.
Career Progression: Organizations often provide opportunities for employees to advance in their careers. This stage involves offering promotions, transfers, and opportunities for professional growth within the organization.
Offboarding: The final stage of the employee lifecycle occurs when an employee leaves the organization. It involves exit interviews, knowledge transfer, and ensuring a smooth transition for the departing employee.
Managing the employee lifecycle is essential for organizations. It helps attract and retain talent, promote employee satisfaction and ensure a positive employee experience.
