Employee lifecycle is an important tool for human resource professionals. It is a way for them to identify what phase of their employment that a specific employee is in. This can give them the information that they need to help them optimize their activities at work. It can also help manage each employee more efficiently. There are even consulting and software companies that can help with employee lifecycle management. An employee lifecycle is a great tool for any human resource professional to identify the best way to manage and utilize a specific employee at that company. Each company has a different cycle for each employee. There are some common phases of the cycle that are consistent with just about every company’s lifecycle model.
This is a phase that is consistent with every company. This the period where the company is deciding whether or not they want to hire an individual. The prospective employee is also deciding whether or not the company is a good fit for them. Each employee is filtered down from a large group of potential employees through a process. Some of this is automated and some of it happens during the interview process. The method of recruitment is different for every company based on the needs of their company and the type of employee that they are hiring.
Career Planning – This is the phase that happens after the employee if first integrated into the system of the company after they are first hired on. This is the time where the managers of the company will work with the employee to help decide where they are going to move in the future. They will assess the employee’s personality and their skills. This information will help them develop goals and objectives regarding their future.
Development – This is the longest phase of the employment lifecycle. This phase can actually last for years. During it, the employee will develop new skills and get new training that will help them further their career. A company will assess their employee many times during the development phase. As they develop new skills and hone their existing ones, they will work with their employer to develop new goals. They may also be promoted to other roles during this time.
Termination – This is the phase that signifies the end of the person’s time at the company. They will be transitioned out of the system of the company. They will also usually give an exit interview to help with information regarding the future of the company.