You’ve probably heard the term the employee life cycle before, but what does it really mean? Basically, the employee life cycle describes how different employees progress through the business world as they move through each phase of their careers and build their skillsets and talents. In this article, we’re going to look at the seven stages of the employee life cycle in detail and explain how you can get the most out of each one.
2. STUDIO SHODWE
What is Employee Life Cycle?
The employee life cycle is a concept that has developed over time to
better explain how people change throughout their careers. Each phase
of the employee life cycle has its challenges and benefits.
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3. 01 Initial Excitement
03 The Struggle
02 The Formalities and Learning
Curve
04 Performance Measurement
7 Stages of Employee Life Cycle
Growth
05 06 Moving Forward
07 Well-deserved retirement
4. Initial Excitement
When employees are first hired, there is a
lot of excitement and eagerness to get
started. This stage usually lasts about two
weeks. Initial excitement consists of new
employees getting excited about their jobs
and happy with what they’re doing.
5. The Formalities and
Learning Curve
During this stage, an employee typically
completes formalities like finishing
orientation and earning time off eligibility.
However, their primary focus is learning new
company processes, tools and culture.
6. The Struggle
The Struggle is a stage where your values
and priorities get tested, and you might
realize that your goals and expectations
don’t match. The purpose of this stage is to
test an employee’s loyalty and
commitment and provide guidance
through a career counselor (if/when
required).
7. Performance Measurement
It’s important to hold each employee
accountable for their work and ensure they
perform their best at all times. This can be
done by measuring performance against
the company’s goals, objectives, and
standards. Companies use many tools to
measure employee performance, such as
Workstatus.
8. Growth
Growth is the most important and difficult
stage in an employee’s life cycle.
Employees are eager to learn, grow, and
develop skills but can sometimes feel as if
they are not progressing fast enough. They
may feel frustrated that their manager does
not recognize or reward their hard work.
9. Moving Forward
Moving forward in this stage means
employees should know what has worked
for them and what didn’t, but most
importantly, what could work better next
time for the company, the team, and
themselves.
10. Well-deserved
retirement
At this stage, companies offer incentives to
employees to retire, such as pension plans.
Employees also get the opportunity to share
their experiences with others who are new
at work or just starting out, giving advice
about how not to make mistakes can help
those people avoid problems when they
start working.
11. CONCLUSION
The stages of employee life cycle are an important aspect of any
business, and all stages need a certain level of attention.
Newly hired employees need guidance and feedback on their work
performance as they learn how to do their job, active employees
need day-to-day motivation and challenges that will keep them
engaged and interested in their work, and senior most employees
want more stability.