Abstract

The main resource of the modern economy, which represents today a significant share of the national wealth of developed countries, is human capital and its readiness for the personal and professional growth. Continuous training and improvement of employees, which is defined by the modern concept of lifelong learning (LLL) is considered a defining prerequisite for ensuring competitiveness in the current economic conditions, in which people become "new oil". An employee’s labor activity is a process that consists of a series of successive interdependent stages, starting from the first hiring and ending the last dismissal (or retirement). According to the concept of periodization of the employee’s labor activity and the selected stages there was proposed a clarified interpretation of the employee's life cycle. Each cycle is completed with a transition to a new level, associated with a change of the position, profession or the employee's place of work by starting his own business and so on. Throughout life it is repeated many times. The obligatory condition of implementing the concept of LLL is the transition of employee to a new level of the life cycle, accompanied by the growth of knowledge and skills, and, consequently, the resulting indicators of the socio-economic system as a whole. Motivating employees to certain actions, including personal growth, occurs with the number of tools, among which the application of socio- psychological methods of management acquires special value, taking into account the stages of the employee's work. The effective influence of social and psychological methods of management on personal development as well as on the employee’s performance in the article was noted. Based on the analysis of literature sources, according to the proposed employee’s life cycle stages the main socio- psychological methods of management were systematized, which provides management with an effective practical tool for the influence of the ruling system on the managed.

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