Webinar: Building the Business Case for an Alumni Platform (Pt. 3)
Gallup recently published a study on Designing the Employee Experience to Improve Workplace Culture and Drive Performance, and examined the many components of a successful employee experience strategy.
The piece outlined seven stages of the employee lifecycle – from recruiting through offboarding – and identified the core needs at each stage, along with key questions to consider as you evaluate your current state:
PeoplePath has long emphasized the importance of the employee offboarding experience, which the Gallup study validates with its focus on the departing stage of the employee lifecycle.
“What happens during this stage matters a lot: Employees who have a positive exit experience are 2.9 times more likely to recommend their organization to others than are those who have neutral or negative experiences. Ideally, turnover is a positive experience for both the person who departs and for your organization — the employee leaves on good terms and talks positively about your organization.”
The study goes on to describe three important factors that employees say make for a positive offboarding experience:
But exactly how valuable are former-employees-turned-brand-ambassadors if they don’t stay connected with your company?
That’s why we believe the study left out the critical eighth stage: Alumni.
The employee lifecycle doesn’t end when an individual resigns. A corporate alumni network provides a home for a thriving community of brand ambassadors who can uncover new opportunities and help build business relationships well into the future. Your former employees are out there promoting (or detracting) their time at your company. Working to connect the dots and provide a better experience for the full lifecycle is mutually beneficial.
Ready to see what PeoplePath can do for you? Schedule a personalized demo or reach out to our team with any questions.