Every businessperson knows that a robust workforce is the cornerstone of their business’s success. Although they might consider their team as a family, in reality, almost all organizations see their employees come and go throughout the years. That makes analyzing and enhancing every step of the worker’s life cycle crucial. Apprehending the worker life cycle and understanding the way to interact with people at every step of the cycle allows you to draw the proper applicants and improve your employee experience. Here, you will get an in-depth understanding of the 10 stages of the employee life cycle.
- Attracting
The attracting phase of the employee life cycle can be of various forms relying on whether or not people are already acquainted with your agency. If so, they’ll most likely have a specific impression of your organization in mind and they’ll search for more information to verify their perception. This is where your Employer Brand comes into effect. What you declare about your agency as an employer can greatly affect how applicants view you.
- Recruiting
Recruiting is when you engage with a potential employee for the first time. During this stage, a potential employee comes across your company culture and the job profiles. Leverage the benefits of using existing personnel and company network while looking for suitable applicants from outside firms.
- Interviewing
Interviewing is a vital phase of the worker’s life cycle. During this, both the employer and the applicant ought to formulate whether or not the role is a great fit. While maximum of employers considers interviews as a basic step in selecting candidates, it’s simply as essential for the interviewee to decide whether the job role and organizational culture are suitable for what they desire to be their career and the employer should be capable of clarifying that within the process.
- Onboarding
The first day at work can be exciting, overwhelming, and stressful all at the same time. Making sure that employees get off with a great start is a team effort. Managers, human resources (HR) and IT teams frequently need to work together to get a worker onboarded and train them as effectively as possible whilst also incorporating corporate values and linking them with co-workers.
- Retention
The retention phase of the worker life cycle focuses on 3 factors that relate to the worker experience: Technology, Culture, and Physical space. Technology is, mainly to this date, an essential enabler for a notable worker experience. As an employer, you must leverage top-notch tools to instill trust and engagement. Culture is about developing an environment in which people want to work happily. An organization’s culture is the combination of its reflection, ethics, symbols, and visible conduct. And lastly, regardless of what the physical area may look like, employees’ physical environment must be able to encourage personnel to perform optimally.
- Engagement
Once the new job’s preliminary elation diminishes and people settle right into a routine, they’ll grow to be complacent. Building a robust company culture and prioritizing worker engagement can aid in keeping your personnel excited about what they do whilst starting work every day. Engaged personnel is usually more efficient and likely to remain in their position for a longer time.
- Development
Although some employees are satisfied remaining in the same position for many years, others aspire to enhance their capabilities and go up within the company. Even when you have a small enterprise wherein there are only a few possibilities for promotions, you can provide staffers with new duties and ventures to support them in developing within their roles. Frequent pay raises play a major part as well.
- Acknowledgment
A consistent paycheck and favorable benefits are most often the primary reasons people go to work every day however taking a further initiative with frequent worker recognition can enhance worker satisfaction and commitment to the team. Motivating managers to acknowledge a project well executed and providing employees a mode to acknowledge their peers might be beneficial for every person involved.
- Offboarding
The motive of an offboarding process involves two major purposes: on one hand, it’s intended to aid the company in becoming knowledgeable about its hiring endeavors and worker experience. On the other hand, it is utilized to form the crucial last impressions personnel will have of the organization, and the brand image they’ll represent to others. The aim is for your exiting personnel to turn into Happy Leavers. Thank and congratulate personnel who are departing, ask for their outlook on the company in an exit interview, and be in contact with them.
- Alumni
After a worker departs and all paperwork is completed, they may not necessarily depart from the organization’s circle as well. Along with continued friendships with existing personnel, company alumni can also be the origin of future referrals. You might even work with them again someday in the future. Making sure to not end on a sour note is the best approach.
By investing your time reviewing your worker life cycle, comprehending your current metrics, and constantly evolving, you’re developing a workplace that’s more pleasant, engaging, and productive. A good working experience often interprets to a greater bottom line, so if you’ve not yet started, you must start devising a strategy to evaluate and enhance your worker life cycle today.
