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AQUISITION
Hiring - first stage
Staffing Needs
Identifying how many employees are needed and what skills they should have
Selection and recruitment
Attracting applicants (ads, agencies) and choosing the best candidate (interviews)
DEVELOPEMENT
Helping employees succeed - 2nd stage
Induction
Introducing new employees to the business, its culture, policies and their role. eg metorship program
Training
Teaching employees new skills or improving existing ones to increase performance
MAINTENANCE
Keeping employees productive overtime - 3rd stage
Agreements and contracts
Legal arrangements outlining pay, conditions and rights (eg awards)
Performance Management
Monitoring and improving employee performance through feedback, reviews and support
SEPARATION
Ending employment - 4th stage
Retirement
Leaving the work force permanently
Resignation
Employees choose to leave
Retrenchment
Job is no longer needed due to business changes
Dismissal
When the employer ends employment, usually due to poor performance or misconduct