The ELM process includes how the company introduces itself, how it deals with candidates, how it invites people into the company, and how it handles their personal and professional growth. There are usually six stages in ELM namely outreach, recruiting, onboarding, growth and training, results, and offboarding. HR's position in ELM is critical, and it starts even before the employee is hired. Employee Lifecycle Management Employee lifecycle management (ELM) refers to various stages that an employee goes through when working for a company.Many companies struggle with both the coordination of onboarding measures and their execution through various divisions, despite the fact that it is widely regarded as a requirement for maintaining customers and deepening their relationships. Onboarding can take many forms, depending on the company, from welcoming calls to user groups to training sessions. Onboarding Onboarding refers to the process of welcoming new customers, ensuring that their questions or concerns are answered, and providing new products and services as needs arise.Payroll Management Payroll management is the process of keeping track of workers' salaries, benefits, bonuses, net pay, and deductions in a financial system.A performance appraisal, also known as an annual review, performance review or evaluation, or employee appraisal, assesses an employee's abilities, accomplishments, and growth-or lack thereof. Performance Appraisal A routine assessment of an employee's work performance and overall contribution to an organization is called a performance appraisal.Automation is often added to a recruitment management system, standardizing, simplifying, and speeding up the recruitment and selection process. It entails tasks such as posting work ads to recruit candidates, updating application forms, and arranging interviews. Recruiting Management The method of hiring and choosing staff is referred to as recruitment management.Time Off Management Time off management feature allows organizations to create time-off policies, manage holidays, and automate approval workflows.Training Management Automates the documenting processes involved in training management and records the performance of employees during training sessions.
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