An employee lifecycle survey is a series of questions where you ask employees about their current role, what they would like to do in the future, and how satisfied they are with their current job, organization, and other factors. The results can then be used to identify improvement areas to help improve employee engagement and performance.
The reasons why we need to use employee lifecycle surveys are:
Performance and Development
Performance management is an important part of any organization’s success. If you want your employees to perform at their best, you must find out how they are doing now and where they need help to grow their skillset. A survey can help you build a detailed picture of how well each person is performing so that you can identify areas where improvement is needed.
Recruitment and onboarding
Employee lifecycle surveys help recruiters and hiring managers understand what employees want, how they feel about the company’s culture and the best ways to onboard new hires. The survey results determine which onboarding method is most effective for an organization. A survey can also measure employee satisfaction to improve retention rates.
Employee lifecycle surveys also provide managers with valuable information about their employees’ engagement with their jobs. This information can be used as a benchmark against future performance evaluations, allowing managers to make informed decisions about pay increases or promotions based on employee engagement levels.
Employee lifecycle surveys can identify where improvement is needed to retain employees and reduce turnover rates. Managers can identify specific areas that need attention before they hire new employees, which could lead to improved retention rates throughout the organization.
Exit and Alumni Insights
Employee lifecycle surveys help companies learn about the reasons why their employees leave the organization, as well as what these people find attractive about future employers. HR departments can use this information to understand better what motivates current employees so that they can better retain them and attract new ones into their organizations.
Workplace culture and diversity
Employee lifecycle surveys help companies understand the culture within their organization, which can be highly important when it comes to retaining employees or attracting new ones. A company with a positive workplace culture is likelier to have happy employees who are engaged and committed to the organization. This makes them much more likely to stay with the company, which in turn helps create a more robust bottom line. By understanding where your company stands on this issue, you can identify areas to improve and make your workplace more appealing to prospective employees.
Candidate experience is the biggest determinant of whether a candidate will accept a job offer. Interviewing new candidates needs to be simple, seamless, and effective. It should also be inexpensive, fast, and hassle-free for employees and employers. Employee lifecycle surveys help companies understand what candidates are looking for during the interview process so they can improve their hiring process.
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Employee lifecycle surveys can be helpful for any business to ensure transparency and employee engagement. But before you dive in, make sure you know where you stand: if you still need an employee lifecycle survey, now is the perfect time to start one.