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    Dec 05, 2023    |   Camille Labrie

The Employee Life Cycle

employee life cycle selection development retention

3 minute read

Written by Justin Deonarine, I/O Psychologist

The Cycle That Runs Your Organization

There are various economic and business cycles that you need to pay attention to within your organization, but there is an often-overlooked cycle that has a significant impact on your success: The Employee Life Cycle. 

While there are many different models of the Employee Life Cycle, they all contain three common phases: Selection and onboarding, developing and deploying, engaging and retaining. 

The following resources are structured around the different phases of the employee life cycle. They will provide guidance and best practices around getting the best out of each phase and extending an employee’s stay with your organization. 

Selection and Onboarding 

Selection and onboarding are both part of the initial phase of the employee life cycle. An effective selection process goes beyond the typical resume review, candidate interview and reference check, and helps you find the right talent for the role. An effective on boarding process allows you to cater to the needs of the new hire and helps them start their new role on the right foot. Well-designed selection and onboarding practices helps organizations reduce their turnover rate. 

Developing and Deploying 

 An effective development cycle allows the organization to determine and respond to the training and development needs of their employees. Assessments can help you improve the effectiveness of your development efforts by understanding an individual’s strengths to harness and opportunities for improvement. Effective development plans help you to build teams and address challenges such as communication, conflict, change, problem solving and teamwork. Investing in and developing your talent now will prepare your organization for the future. 

Employee Engagement and Employee Retention 

Engaging your employees and ensuring employee satisfaction is your best chance of retaining your talent. Quality retention practices allows you to improve employee satisfaction morale and improve company culture, resulting in engaged employees that produce high quality work. Retaining employees allows you to lower the costs of employee turnover and retain internal knowledge. Organizations with more satisfied employees also have a better brand reputation.