The stages
- Attract and recruit: open roles, source candidates, screen and interview.
- Hire and onboard: offer, documents, equipment, access and first-week tasks.
- Develop: goals, feedback, learning and career paths.
- Reward and retain: compensation reviews, recognition and engagement.
- Move: promotions, transfers and changes in manager or location.
- Exit: resignation or termination, handover, final settlement and access removal.
What to track at each stage
- Time to hire and offer acceptance.
- Time to productivity for new hires.
- Goal completion and review coverage.
- Internal movement and promotion rates.
- Attrition by team, tenure and reason.
Where software helps most
Handoffs. A hire that is approved in recruitment should appear in onboarding, payroll and the org chart without anyone re-entering it. An exit should trigger settlement, asset return and access removal together. Those handoffs are where manual processes lose time and things get missed.
Frequently asked questions
What is the difference between lifecycle management and talent management?
Talent management focuses on performance, development and succession. Lifecycle management is broader and includes hiring logistics, payroll and offboarding.