As an employer, it’s important to understand your employees’ “Employee Lifecycle”. This concept outlines all the stages a worker goes through from the initial recruitment process to their eventual departure. It starts with sourcing and selecting talent, moves through hiring, onboarding, training and development, performance management, and ends with exit interviews and final payouts. The idea is not only to monitor your employee’s progress but also to use this data in order to make better decisions about how to improve the overall work culture. By having an effective Employee Lifecycle cycle in place, employers can optimize their recruiting efforts and ensure they are investing in the right people.