you can use trigger in this scenario. I'm assuming empid is not an identity column and u're manually inserting data in that column.
===================================
create table employees
(
empid int,
empcode varchar(10),
ename varchar(100)
)
create trigger trg_empCode
on Employees
after insert
AS
update employees set employees.empcode= 'e'+right('0000'+cast(inserted.empid as varchar),5) from inserted
INNER JOIN employees on employees.empid=inserted.empid
insert into employees(empid, ename)
select 1, 'pradeep'
insert into employees (empid, ename)
select 2,'polo'
union all
select 3, 'csit'
union all
select 4, 'singh'
select * from employees
OUTPUT
--------
1e00001pradeep
2e00002polo
3e00003csit
4e00004singh
=================================================
Is this what you want?