Let’s start with understanding the basic definition of an Employee Lifecycle. Employee Lifecycle refers to the various stages that an employee goes through during their tenure with an organisation.

An employee’s lifecycle is usually categorised into five stages: Recruitment, Onboarding, Development, Retention, and Exit. Whether it is hiring the employee, their growth and development in their team or across different teams, and even their exit from the organisation, all of these are a part of an employee’s lifecycle.

In today’s world, companies that offer a great employee experience tend to have an edge while attracting and retaining employees. It is important to thoughtfully design and execute this experience in your organisation as well. To do that it becomes essential to keep a clear account of every employee’s lifecycle.

An employee’s lifecycle helps provide organisations with reliable insights about an employee’s journey and experience. It even indicates what parts of the employee lifecycle require more attention than others which inevitably helps to reduce employee turnover.

Let’s see how Employee Lifecycle Management works in ERPNext!