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Employee Life Cycle

The Employee Life Cycle
Employee Life Cycle Chart

The employee life cycle is a critical process that every organisation must consider to optimise employee productivity, engagement, and job satisfaction. In today’s fast-paced work environment, it is essential to have a comprehensive employee life cycle management system. In EasyWork we cover various aspects such as talent acquisition, employee core, engagement and communication, cost management, employment management, and workforce management. This article will explore each of these aspects in detail and explain how organisations can optimise their employee life cycle to achieve their business objectives.

Talent Acquisition

Employee Life Cycle Chart - Talent Acquisition

Talent acquisition is the process of identifying, attracting, and recruiting top talent to an organisation. To optimise the talent acquisition process, organisations must consider several factors such as headcount, ATS (applicant tracking system), offer, and onboarding. Headcount refers to the number of employees an organisation needs to meet its business objectives. An ATS is a software application, for example EasyWork that helps organisations manage their recruitment process more efficiently. It automates the entire process, from posting job openings to screening resumes and scheduling interviews. An optimised offer process ensures that the offer is competitive and attractive to the candidate. Onboarding is the process of integrating new employees into the organisation and ensuring that they have the tools and resources they need to be successful in their new role.

Employee Core

Employee Life Cycle Chart - Employee Core

Employee core is the foundation of the employee life cycle. It includes employee data, organisation chart, document management, approval workflows, and more. Employee data includes personal information, job information, and employment history. An optimised organisation chart provides a clear and concise view of the organisation’s structure, hierarchy, and reporting lines. Document management allows organisations to store, manage, and share documents securely. Approval workflows ensure that all requests, such as leave requests, are processed quickly and efficiently.

Engagement & Communication

Employee Life Cycle Chart - Engagement and communications

Engagement and communication are crucial to employee satisfaction and productivity. An optimised engagement and communication strategy includes a dashboard, announcements, a calendar, polls, feedback, and easy rewards. A dashboard provides employees with an overview of their performance, objectives, and progress. Announcements keep employees informed about company news and updates. A calendar helps employees keep track of important events, deadlines, and meetings. Polls and feedback provide employees with a voice and help organisations gather valuable feedback. EasyRewards are a great way to recognise and reward employees for their work.

Cost Management

Employee Life Cycle Chart - Cost Management

Cost management is an essential aspect of any business. An optimised cost management strategy includes claim management, travel management, licence management, asset management, mileage tracking, resource management, procurement, and payroll. Claim management ensures that employee expense claims are processed quickly and efficiently. Travel management helps organisations manage their travel expenses and ensures that employees are reimbursed for their expenses. Licence management helps organisations manage their software licences and ensures compliance. Asset management helps organisations track and manage their assets, such as laptops and mobile phones. Mileage tracking helps organisations manage their vehicle expenses. Resource management ensures that employees have the resources they need to do their job effectively. Procurement ensures that organisations can purchase goods and services quickly and efficiently. Payroll management ensures that employees are paid accurately and on time.

Employment Management

Employee Life Cycle Chart - Employment Management

Employment management includes goal-setting, performance appraisal, and employee development. An optimised employment management strategy includes KPI/OKR (objective and key results) management and performance appraisal. KPI/OKR management allows organisations to set and track their objectives and key results. Performance appraisal helps organisations evaluate employee performance and identify areas for improvement. Employee development helps organisations identify training needs and provide employees with the necessary training and resources to improve their skills.

Workforce Management

Employee Life Cycle Chart - Workforce Management

Workforce management includes attendance management, leave management, shift management, and visitor management. An optimised workforce management strategy ensures that employees are present when needed, and their leave and absence are managed effectively. Shift management helps organisations manage their shift schedules and ensure that employees are available at the required time.

Conclusion

Optimising the employee life cycle is crucial for any organisation that wants to achieve its business objectives. By focusing on talent acquisition, employee core, engagement and communication, cost management, employment management, and workforce management, organisations can create a comprehensive employee life cycle management system that helps them attract, develop, engage, and retain top talent. Implementing an optimised employee life cycle management system can result in increased productivity, improved employee satisfaction, and a positive impact on the bottom line. Therefore, organisations should prioritise optimising their employee life cycle to ensure that they have the best possible workforce to achieve their goals.

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