Employee lifecycle management refers to the process of managing an employee’s journey with an organization from recruitment to retirement or exit. This lifecycle includes stages such as recruitment, onboarding, development, retention, and separation. Effective lifecycle management ensures that employees have a positive experience at every stage, which enhances engagement and retention.

For example, a software company might use an integrated HR system to manage the entire employee lifecycle, from attracting top talent to providing continuous learning opportunities and conducting exit interviews. By focusing on each stage of the lifecycle, organizations can create a cohesive and supportive environment that promotes long-term success.