Human resource management cycle
The life cycle of human resource describes the duration an employee spends in an organization and the obligations of the human resource managers at each step of the life cycle. The human resource cycle encompasses several stages., which are vital to the success of all businesses.
The attraction and selection stage. An employer should attract the best employees by having a noticeable and genuine employer brand. The employer shapes the employee’s perception of the organization Employers ensure that they improve the daily lives of their employees. An employer provides that his employment brand is unique compared to those of other organizations. They ensure that the vision, the mission, and the culture of the organization are the strongholds of the organization.
The recruitment stage. A productive business succeeds by employing competent staff. The human resource administration establishes strategic employment plans and highlights the position and expectations of each employee. The command creates a compensation and benefits mechanism which helps attract the senior talents in an organization. Also, the administration establishes a suitable interviewing panel. It also provides job advertisements in the most appropriate channels for the right expertise to pick. The organizations’ human resource managers select applicants with promising career resumes. They then assess the personality traits and background checks to choose the perfect candidates for the available position.
The onboarding stage. The administration introduces new employees to the company’s workforce. The employees learn their new duties and establish their relationship with their employers and coworkers. At the onboarding stage, the human resource manager conveys the organizational brand and explains the employees and performance culture of the corporate the human resource manager recruits his employees into the organizational benefit plans and critical policies on health and safety. He acquits the employees with the tools to work and assigns the coworkers to support them in the job.
The career development stage. The human resource management team manages the employee’s performance. They aim at identifying ways to boost productivity and increase the company’s turnover. The human resource department, in collaboration with employees, undertakes projects to achieve the ultimate goal of a company. The administration uses personality profile tests to establish an employee’s career in the company. It then helps the employees meet realistic goals. Besides, the administration offers training and professional growth to assist the employees with secure higher work positions. The administration can provide incentives for each new purpose identified by the company.
The retention stage. The retention stage aims at preventing employees from quitting their jobs, and the management gives the employees daily tools environment and skills to ensure their products work. The company’s governance re-energizes the staff and appreciates the essential milestones of the company. More so, they offer benefits to employees as a token of appreciation and a way to motivate them. These tokens include gift cards and flexible work schedules. The company plans for parties to celebrate their successes and recognize the top-performing employees. The leaders ensure a culture for employees to gain confidence in their career path.
The separation and termination stage. Some employees retire, leave to further their studies, or seek employment in institutions offering higher benefits. The human resource managers organize for exit interviews and remove these employees from their company system. When the company’s management understands why employees leave the institution, they identify and rectify the problems in good time. Transparency in communication with the employees helps to eradicate fears about the future.