Question

Which four of the following processes are part of the employee life cycle?

A) Recruitment and Onboarding
B) Performance Management
C) Product Development
D) Employee Termination
E) Financial Planning and Analysis

Answer 1

The four processes that are part of the employee life cycle are Recruitment and Onboarding, Performance Management, Employee Termination, and Onboarding new employees. Product Development and Financial Planning and Analysis do not fall under the employee life cycle. Hence, the correct answers are option (A), (D), and (C).

Step-by-step explanation:

The employee life cycle includes several key processes within a business that focuses on the interaction between the employer and the employee. From the options provided, four processes that are part of the employee life cycle are:

1. Recruitment and Onboarding: The process begins with attracting, interviewing, and hiring new talent.
2. Performance Management: Involves assessing and improving employee job performance.
3. Employee Termination: This can occur due to voluntary resignation, retirement, or layoff.
4. Onboarding new employees: A critical period where new hires learn about the company's policies, practices, and culture as stated in 'FIGURE 13.9 Training usually begins with an orientation period during which a new employee learns about company policies, practices, and culture.'

On the other hand, processes like Product Development and Financial Planning and Analysis are not typically considered part of the employee life cycle as they relate to broader organizational strategies, rather than individual employee management.