Any organization must understand the employee lifecycle, and HR professionals have a responsibility to maintain both the organization's as well as its employees' development.
The employee lifecycle consists of 5 stages i.e., Recruitment, Onboarding, Development Retention, and Offboarding. All the above stages are covered in the HRMS system to understand their employees’ needs and develop strategies to meet those needs and ensure that all necessary steps are taken to optimize employee productivity and engagement.
The employee life cycle model is important for a number of reasons. The biggest benefit is that it encourages you to evaluate and improve the employee experience at each stage of the model. And the better the experience an employee has with your company, the more likely they are to continue working for you.