The employee lifecycle model is an organizational model that individuals in human resources (HR) may use to visualize an employee's journey and understand how they advance through and engage with the organization.
The model resembles the standard customer lifecycle that companies often use as it is based on the idea that an employee's experience is just as valuable as a customer's experience. It is a comprehensive representation of the employee's experience that effectively provides a framework for engagement strategies.
These strategies may ultimately benefit the organization by driving success, supporting engagement, reducing turnover, and improving employee morale.
The hire-to-retire process enables end-to-end processing for planning, sourcing, and managing the full employee lifecycle.