The various processes are:
1. Workforce Planning
This process establishes workforce plans, hiring plans, compensation budgets, and hiring targets for the year.
2. Recruiting
Through an integrated process of recruiting, assessment, evaluation, and hiring the business brings people into the organization.
3. Onboarding
The organization must train and allow employees to become productive and integrated into the company more quickly.
4. Performance Management
By using the business plan, the organization creates processes to measure and manage employees.
5. Training and Performance Support
This provides learning and development programs to all levels of the organization.
6. Succession Planning
Succession planning allows managers and individuals to identify the right candidates for a position.
7. Compensation and Benefits
Here organizations try to tie the compensation plan directly to performance management so that compensation, incentives, and benefits align with business goals and business execution.