The Employee Life Cycle – Hiring, Retaining and Separation
The employee life cycle is an HR model that identifies the different stages a worker goes through with an organization. By understanding the employee experience, HR leaders can create effective strategies for attracting, developing, and retaining a top-notch workforce. They can also implement best practices for managing employees during each stage.
Depending on the model, there are five to seven stages. This Paychex Webinar will give you practical tips on how to address the three major stages:
- Recruitment — what to do and what not to do in the interview, and how it can be a powerful recruitment tool.
- Retention — the importance of investing in your employees at every stage to attract the best people and keep them on board
- Separation — best practices that help employees leave with dignity and protect your organization from liability.
Understanding the employee life cycle can help you cultivate your most valuable asset — your employees.