HR Terms Glossary

Comprehensive database of the most commonly used buzzwords and jargons used by recruiters and hiring managers
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360 Degree Feedback

360-degree feedback is a method that provides each employee the opportunity to receive performance feedback from his or her supervisor or manager, peers, reporting staff members, coworkers, and customers.

Performance management tools play a crucial role in facilitating the effective implementation of 360-degree feedback. These tools are designed to streamline the process by providing a structured framework for gathering, analyzing, and reporting feedback.

C
Candidate Persona

Hiring practices are constantly developing, and candidate personas have been a giant step forward for recruiters. Gone are the days when hiring managers drew up generic job descriptions and hoped to bag an ideal candidate. Now, companies actively hunt for the best employees using the targeted approach of job candidate personas.

Candidate Quality

Globally, organizations are under more pressure to get a crucial competitive advantage when it comes to attracting top-quality personnel, as there is a considerable emphasis on the value of talent and how talent may have a direct impact on organizational culture, productivity, performance, reputation, and clients satisfaction. Poor recruiting decisions can harm the organization and the expense can be up to five times the person's yearly income, and it may even be more depending on the person's tenure and seniority.

Candidate Journey Mapping

Keeping track of the milestones of potential employees during the recruitment process to have insights into their recruitment experience is paramount. And just like customers' experience during a transaction, potential employees also have their tale of experience with an organization during the recruitment process. And it is only through candidate journey mapping that recruiters can figure out what candidates' experiences have been and how to improve on them.

Contingency Recruiter

Companies need employees, but that doesn't mean they intend to go through the process of recruiting them by themselves. Sometimes they outsource this to agencies and recruiters. One of the two primary types of recruiters that offer these services is the contingency recruiter.

Career plateau

It's not easy staying in the same job for years. It becomes even more complicated when employees are asked to perform the same role. Boredom starts to develop, burnout sets in, and dissatisfaction follows. Those are some of the symptoms of an HR term called "career plateau".

Compensation

Most people working are not doing it because it is fun but because of the compensation that comes with the job well done. Compensation comes after doing the work required in the labor market. Many workers are eager to work when they learn that they will be compensated for doing a good job.

Contingent Staff

Businesses often use contingent staff when they need extra staff for a short period or when they want to avoid the costs and hassle of hiring full-time employees. Contingent staff can be used in various roles, such as administrative assistants, customer service reps, and even executives.

Cost of Living Adjustment

An increase in income that maintains pace with the cost of living is known as the cost of living adjustment (COLA). It frequently pertains to pay, benefits, and salary. These cover retiree benefits, executive contracts, and union agreements.

Contract Recruiter

Contract hiring could be categorized as RPO, or recruitment process outsourcing. In most cases, a contract recruiter will continue to work on assignments until the hiring needs are met.

Career Pathing

Getting the best out of employees requires a dedicated and deliberate human resource department. Such a department aims to help organizations become more efficient and effective in the workplace. One of the ways they achieve their goals of maximizing employee capabilities is through Career Pathing.

Casual Employment

Not knowing the crucial distinction between temporary and casual employees as an employer might mean the difference between immediate relief and be buried in pointless paperwork and administration.

To fill workforce gaps during periods of high business activity, employers often use the casual employment technique. Employees who work in casual settings may have their job terminated immediately and without cause.

Cost-Per-Hire

For every recruitment process that goes on in an organization, there are some costs that the recruiter bore on each prospective candidate until selection. It becomes important for recruiters to analyze costs using a crucial strategic tool to evaluate the effectiveness and efficiency of the hiring process, pinpoint areas for development, and assist set your budget for hiring.

Contingent recruiting

Organizations don’t shy away from outsourcing recruitment to agencies; one of the most common forms of outsourced recruitment is contingency recruiting. You might have heard the term and come across it before, and here is what it means.

Contingency Recruiting

When a company needs to fill jobs up to the director level, contingent recruitment is the ideal option. Only after a candidate is hired does a contingency recruiter receive payment. Companies Broaden their recruitment reach as a result without having to pay beforehand.

Learn more about the subtleties of contingent hiring by using this review. Check to see if your company would benefit from this outsourcing option.

Candidate Engagement

Candidate engagement is a process through which an organization interacts with potential employees as part of the recruitment process. The goal of candidate engagement is to create a positive experience for candidates so they will be more likely to accept a job offer if one is made. Organizations can achieve this by providing candidates with information, feedback, and resources throughout the recruitment process.

Corporate Recruiter

Finding the right talent for job vacancies in a company is a major factor in boosting productivity. In addition, high competition in the labor market makes hiring qualified and suitable candidates very important. To achieve this, companies employ the services of a trained professional called a corporate recruiter.

Competency-Based Pay

The ultimate objective of any payment system is attracting, motivating, and retaining good employees. There's no one-size-fits-all compensation system for companies - only what works. However, competency-based pay is gaining traction in organizations as the need for customer retention increases.

Candidate Pipeline

High employee turnover rates and tight competition in the labour market require a shift from reactive to proactive approaches when hiring. As recruiters find innovative ways to solve recruitment problems before they arise, the candidate pipeline increases in importance as an effective strategy to bolster a company's workforce.

Candidate Journey

As a consumer, when you're about to make a big purchase, there are stages of reflection that build into your decision-making. A similar process occurs in a job seeker concerning a potential job opportunity. Candidate's journey is the term used to describe the sequence of events, and the process of identifying the steps is called candidate journey mapping.

A
Agile Organization

An agile organization are quick in responding to changes in the marketplace or environment. They do this by adopting the right strategies, dividing responsibilities and structuring teams in the right way.

Applicant Tracking System (ATS)

The job market is stacked with many applicants and job seekers jostling for high-quality employment. As such, there is the potential for a multitude of resumes to flock in for every opening and create a recruiting nightmare for companies. Applicant Tracking Systems (ATS) is the corporate solution to this potential problem.

Agency Recruiter

Agency recruiters work for staffing companies and recruitment agencies, and help their clients find the right candidates for their open jobs. For recruiters who like to work in a fast paced, competitive environment and with multiple stakeholders, it's an exciting career option.

Ability test

Ability tests are part of assessment tools used by hiring managers and HR teams to identify the problem solving ability of an individual

Attrition

The same set of people cannot keep working in a company forever. The reason for employees quitting their workplace can either be professional or personal. However, the constant thing is employees will leave the company, and it can be a major concern. Attrition is unavoidable in a company, but the response of the manager after it will determine the level of problem it can cause. There may be diversion within the company when attrition occurs among the minority workers. In contrast, a considerable gap in leadership within the company will arise if attrition occurs among senior leaders.

American Staffing Association (ASA)

As an HR professional based in America, you will not be new to the American Staffing Association (ASA); however, if you are yet to get acquainted, you are in the right place. Here, you will learn all you need to know about American Staffing Association (ASA).

Applicant Pool

Time and resources are significant factors companies must manage effectively for optimum productivity, and the recruitment process is not left out. Traditionally, recruiters hasten the recruitment process by hiring qualified candidates as they apply, leading to a loss of more qualified applicants. In modern times, however, recruiters use an applicant pool to enhance decision-making when outsourcing talents to fill job vacancies. As a result, companies can use an applicant pool to balance filling up roles fast and recruiting skilled talents using minimum resources.

Affirmative Action Plan (AAP)

An Affirmative Action Plan (AAP) is a written program in which a company details how it will ensure the right of all persons to advance on the basis of merit and ability without regard to race, color, religion, sex, national origin and other factors.

Active Candidate

Active candidate is someone who is proactively searching for a job and open to new opportunities. Typically 25% of fully qualified employees can be assumed to be in this category.

B
Behavioral Competency

The hiring process includes a crucial element that involves measuring behavioral aptitude, which is not an easy task. It is the skill set that an applicant has to possess in order to carry out his or her job well.

Bereavement Leave

For a business to achieve its goals, the task involvement of its personnel is essential. And this entails the employee participating in the assigned task actively and diligently. However, certain life events (like the loss of a loved one) might have an impact on how mentally and physically engaged individuals are at work. It becomes crucial to implement preventative measures, such as bereavement leaves, to assist and motivate such an employee.

Blind Screening

When a recruiter/hiring manager settles into his official role, they probably have had a lifetime of experience building up personal (mostly subconscious) biases. As such, discrimination is a valid factor to take note of in the hiring process. At the least, it is done unconsciously. The corporate solution to such hiring biases is a blind screening process.

Blended workforce

Organizations have different staffing strategies they use in getting qualified hands on the job. And in recent times, more strategies are being adopted and explored and one of those is "blended workforce".

Behavioral-Based Interview

Having an edge in the process of being selected for a job after an interview requires a candidate to first identify what type of interview is being conducted to be able to handle the process better. Hence, knowing whether an interview is traditionally based or behavioral-based is key to success.

Behaviorally Anchored Rating Scale (BARS)

Companies have been using the Behaviorally Anchored Rating Scale (BARS) to manage workers' performance for a long time. The companies dedicate time and resources to building and maintaining these scales, which is why they are still in use. Logically, their function is simple. Employees need to exhibit appropriate behavioral patterns when approached by clients, and the scales aid the enforcement of such patterns.

Benefits Administration

Employees receive all sorts of compensation. Part of their compensation packages is benefits. However, these benefits need to be created and managed by the company's HR department according to the roles and positions occupied by the employee. The process of doing this is titled benefits administration.

Back pay

In any organization, employees are entitled to a variety of forms of compensation that make up for any past underpayments of salary, bonuses, incentives, or prizes. And to fairly progress, an employee is given back pay for past jobs done.

D
Direct Placement

Employers of all sizes rely heavily on staffing firms during the hiring process. Instead of using an internal human resources team, a lot of executives prefer to rely on the knowledge and vast resources of a reputed hiring agency.

Disciplinary layoff

A lot of policies define the corporate world. The policies exist to combat irregularities and inefficiency, and no establishment succeeds without eliminating these irregularities to the barest minimum. One of such measures companies implement is disciplinary layoffs. A disciplinary layoff is enforced to ensure staff adheres strictly to every one of the guidelines running any establishment.

Disciplinary action

Every ideal business needs "discipline" to keep things running smoothly and raise employee engagement levels. Discipline, in the form of guidelines and norms, could be used as a preventative approach. Or as a corrective activity using disciplinary measures including suspension, disengagement, and questioning.

DOE - Depends on Experience

On every job posting, details about the position(s) available such as job title, job description, and job requirements are usually attached for prospective applicants to read through and have just enough to know if the job is suitable for the individual or not. And most times, registered words are used in writing specific terms that are not generally familiar. Amongst these registered words, DOE is mostly used.

E
Early Return to Work program

An employee might be injured, and when such happens, they will be unable to work. The workers and the employers will benefit from the need to get them back to work as soon as possible. The employee's recovery is essential to the organization's productivity, and organizations usually have an early return to work program to aid the recovery.

Executive Recruiter

An executive recruiter helps companies to find and hire top talented and skillful people that would be suitable for them. They are responsible for sourcing and screening candidates, conducting interviews, and making recommendations to the company.

Executive Search

Every organization has several positions that need filling, and a basic recruitment process is undergone to solve the problem. However, unlike other positions in an organization, the executive positions need to contain the very best people for the job, which are hard to find since they are barely searching for a job. Thus, an executive search is needed to solve the problem.

Employee Assessments

You want to make sure, as a manager, that your staff members are working to the best of their abilities. You can carry out an employee assessment that gauges their skills and potential for growth to keep your team on track and guarantee they meet corporate objectives. These evaluations can also be advantageous to your company as a whole because they offer a chance to inspire workers and help them build the necessary abilities or habits for success. In this post, we cover employee evaluations and their advantages as well as practical advice on how to carry them out well.

F
Facebook Recruiting

Facebook recruiting is becoming an increasingly important means of accessing talent. With over 2 billion active users, Facebook is the world's largest social media platform. As a result, it allows companies to target potential candidates based on age, location, education, and interests.

Functional job analysis

Do you know the concept of square pegs in round holes? Well, that's a mistake that regular people can afford to make in their local planning committee for an annual festival. In a small company, it leads to a loss of efficiency and probably money. In a big company, its effects are more disastrous, especially when the mistake is made on multiple fronts. The concept of functional job analysis exists to prevent such outcomes.

Full Life Cycle Recruiting

Depending on the organizational structure, size, selection process, nature of operations, etc., recruitment tactics vary from organization to organization. The recruitment life cycle is a series of critical steps that must be critically considered before reaching a decision point if hiring new recruits is to be successful. This life cycle includes more than just posting job descriptions and interviewing candidates. In order to help the hiring team locate the best candidate and keep them until term, a carefully thought-out hiring approach called "whole life cycle recruitment" is employed.

G
Gross Misconduct

The vast majority of businesses try to select competent, dependable candidates for their workplace. Unfortunately, there are some employees who are unable or unwilling to perform at a level that is acceptable, and in certain situations, they may act in ways that are detrimental to your company. You might be able to contest an employee's unemployment insurance claim when he or she commits egregious misconduct, which may also justify terminating the person.

I
Incentive pay

Motivational tools used by organizations to cater to the welfare of their employees can come in different forms with the sole aim of reinforcing employees' engagement and effectiveness. Incentive pay is one of the effective tools adopted to boost employees' morale and increase productivity.

Insourcing

Currently, a variety of strategies are used to meet the ever-changing workforce needs depending on the type of labor required, the requisite skill-set, and the duration of a particular project. To find talent, self-sourcing, insourcing, and outsourcing are often used strategies. Employers are increasingly turning inward to maximize the resources they already have, which is gradually replacing outsourcing.

Intangible reward

Ensuring the best from employees and for them is important to achieving organizational goals. There are diverse organizational motivational tools that have been adopted and are being adopted to keep talented hands on deck and get the best out of them. And of all the motivational tools, intangible rewards is one of the most effective of them.

Indirect compensation

Offering competitive remuneration isn't always sufficient to recruit and retain personnel. Employees are getting more and more interested in extra bonuses and benefits as a result of a competitive labor market, rising costs, and diminishing consumer confidence in the economy. Businesses typically pay their staff directly or indirectly, respectively. By offering indirect compensation, like employee perks, you may attract top talent while also increasing the productivity of your current staff.

Individual employment agreement

Just as in personal relationships, there is a need for clarity in professional associations. These are brought about by employment agreements, of which there are two types; individual and collective employment agreements. Every legally employed employee should have such an agreement before accepting a role with an employer, company, or organization.

Internal Recruiter

Finding and hiring workers from a company's current personnel is the responsibility of internal recruiters. Internal recruiters source candidates and manage hiring processes similarly to general recruiters, with the exception that they concentrate on internal rather than exterior hiring. Determining hiring requirements, placements, and regulations is another area in which they collaborate with organization members.

J
Job Board

Job boards are a favorite for job seekers and recruiters alike. They connect organizations and companies with millions of potential workers but are not the same as freelance marketplaces. The primary difference between the two is that job boards stop at connecting interested parties and do not go on to facilitate payments or collect commissions.

Job Requisition

As a company grows, there is a need for expansion, and the need to recruit more employees comes with that. Every standard organization goes through the job requisition process, which requires approval before recruitment can occur. Part of the job requisition process involves filling out the job requisition form.

Job Seeker

Millions of people look for jobs every year to improve their working conditions, while others who are already employed look for new jobs, others who have been fired or quit their jobs also look for work, as do recent graduates who have finished their studies. As a result, finding a job requires constant effort until a worthy position is found.

Job classification

Fair salaries and a uniform organizational hierarchy are common goals for businesses and organizations. Therefore, large-scale firms adopt a system of job classification to make sure that every person is aware of their job responsibilities and receives a fair wage commensurate with the task they perform.

Job Hopper

Job-hopping was once frequently viewed as a sign of indecisiveness and lack of commitment on the part of an individual, but because of changes in the workplace, that has altered. Job-hopping has increased during the past ten years, particularly among millennials as they look to establish a career path.

L
Labor turnover

It is harder and more expensive than ever to acquire staff, despite the large number of applicants on the labor market. Therefore, businesses need to develop measures to lower employee turnover. HR managers face problems such as locating qualified recruits and keeping top personnel on staff.

P
Panel Interview

One of the managerial choices an organization makes during the recruitment process is hiring. However, making the wrong hiring decisions can result in long-term problems with placing the proper individuals in the right roles, which would then cause inefficiencies and a lack of commitment. As a result, businesses implement extensive recruitment procedures to choose the best candidates for open positions. One of the main justifications for panel interviews' widespread use is the requirement for precise hiring decision prediction.

Phone Screen Interview

A phone screen is an important part of the interview process where the recruiter asks the candidate basic questions about their application. The questions to ask here should be basic stuff to understand the candidate more - why they applied, salary details, interview availability etc. Based on the answers, the recruiter can then ask the candidate to come for in person interview or a telephonic round with the hiring manager.

Predictive Analytics in HR

Predictive analytics is not exactly a new concept. It gained prominence when a certain baseball team applied it to create a history in sports. Afterward, predictive analytics saw a wide adoption rate in the sporting world. Likewise, data analytics has left a mark on how organizations make decisions in the business world.

Pipelining

Over time, changes have been made to how employers hire applicants and how candidates apply for positions. Companies used to frequently rely on organic applications, but in recent years, many have switched to more proactive strategies to search the world for new talent. This has helped to avoid hiring too many people who are underqualified and underpaid and cannot meet the high business expectations. Because of this, many businesses use the "talent pipeline" strategy to fill open positions.

Peer appraisal

Companies want to ensure they get the most out of their workforce. Periodically, managers evaluate their teams to have insights into their productivity and identify hardworking employees and problems that need to be solved. Peer appraisal is a system of evaluation that is gaining ground in today’s workplace, and it is not without reason.

M
Momtrepreneur

The sight of a mother juggling her responsibilities to her family and a business to have more flexibility in their schedule is becoming more and more commonplace every day.

Merit pay

Different tactics are employed by organizational leaders to boost performance. Despite everything, merit pay is gaining popularity as companies look for fresh, creative ways to reward staff members and boost output.

O
On the Spot Interview

There’s something safe about scheduling an interview and having time to prepare for it. However, that’s not always the case when you submit your application in person. You could get an immediate on-the-spot interview. As scary as that sounds, it provides you an opportunity to impress on a personal level.

Orientation

One of the onboarding processes many employers overlook is orientation, which plays a vital role in a company's success and achieving its objectives. New employees need to get familiar with the company, and knowing its goals will enable them to work towards its growth.

Outbound Hiring

When it comes to recruiting, the goal of every employer/organization is to select the right talent. Getting this right is vital to a company's chances of success. Thankfully, there is more than one way to secure the right employees, and one of such strategies is outbound hiring. Read on to discover if outbound hiring is the right approach for your company.

Observation interview

The term "observational interview" refers to a process of passive employee observation in the workplace wherein their skills and job responsibilities are evaluated to obtain information for the employee's future evaluation and insight.

On-target earnings (OTE)

On-target earnings, typically found in sales, is a pay structure where the total remuneration offered to the employee consists of their basic salary and a variable component i.e commission based on performance.

R
Replacement charts

Rapid and erratic business processes are what we are seeing. Moreover, as the labor market becomes more and more competitive, there is a growing need for qualified workers. A flexible staff replacement should be established to maintain the business mechanism despite all the dynamics.

In this article, we will examine the employee replacement chart in HRM, which enables businesses to locate personnel gaps and supports the maintenance of a steady labor reserve.

Retained Recruiter

There are jobs, job seekers/qualified personnel, and recruiters between the two. For most people, the hiring path is that simple but, in truth, there are two primary types of recruiters companies outsource the role to. Furthermore, your chances of landing a job depend on which of them you’re dealing with. One of the two is the retained recruiter.

Recruitment Process Outsourcing

Organizations must be able to successfully navigate a competitive labor market as the employment environment becomes increasingly complex. In order to properly recruit top talent, they must become skilled in a variety of pertinent technology as well as manage, and develop both recruiting managers and prospects. As a result, the majority of businesses use the services of Recruitment Process Outsourcing (RPO) providers that are experts in talent acquisition and subject-matter expertise.

Resume Parsing

Going through a lot of candidates' resumes singularly can be overwhelming and quite tasking. As a result, many HR professionals employ CV and Resume Parsing software to automate data storage, import, and text analysis on CVs and resumes.

Redundancy

Redundancy is one of the most contested and controversial aspects of employment, especially in economies with unfavorable economic climates. Many firms may occasionally confront the unfortunate task of making adjustments to their operations and business practices to cut operational expenses and being compelled to lay off employees as a result. The last thing an SME (Small to Medium Enterprise) wants in such a situation is to be forced to incur additional costs as a result of improperly carrying out the necessary redundancy measures.

Recruitment Process Outsourcing (RPO)

There is competition among companies in the same environment; therefore, an effective recruitment strategy is needed to give one edge over the others. A company fails when it has problems with its recruitments and doesn't get suitable candidates for its open positions. However, outsourcing companies can ensure that candidates are hired for the right job during recruitment.

S
Screening Matrix

A screening matrix is a tool businesses use to evaluate and compare alternative courses of action. It can be used in any situation where a decision needs to be made, such as when selecting a new employee.

Social HR

In a fast changing world where technology and different social media platforms are popularly adopted to reinforce traditional practices or replace traditional practice, organizations are increasingly integrating social technologies into recruitment, development and engagement practices using Social HR.

Sponsored Job Posting

Paid listings that appear in pertinent search results are known as Sponsored Jobs. Sponsored Jobs assist in bringing more qualified candidates to your job opportunities than free* listings because of their long-term growth in visibility.

Social Media Background Screening

Background checks are par for the course when a job seeker applies. No company wants to pay the price of negligence in this regard. However, criminal checks are the most popular screening procedure. The social media equivalent is not as popular. Still, employers are starting to catch on that social media background checks could be useful insights into applicants' personalities.

Staffing Agency

The job market can sometimes get tricky. There is no shortage of companies and businesses looking for skilled employees, nor is there a scarcity of job seekers looking for work. However, both might not always be searching for one another across the same channels. As such, there’s no connection. That’s where staffing agencies come in, providing the connecting link between job providers and job seekers.

Sensitivity Training

Getting varied employees to appreciate, respect, and accept each other's differences can be difficult because organizations often comprise of people with a variety of backgrounds, ideologies, and personalities. Nevertheless, regardless of who or what they are, everyone deserves to be respected and treated with dignity. Consequently, establishing a culture of honesty and respect is one of them. The best place to start is with sensitivity training, which supports an inclusive workplace culture that values the diversity of all team members and employees.

Skills Gap

The skills gap has elevated to one of HR departments' and organizations' most terrifying realizations on a global scale. Given that the accomplishment of organizational goals depends on the skills, knowledge, ingenuity, creativity, proactive effort, and active participation of employees in their assigned tasks. But as the skills gap widens, every firm will need to recognize it and address it appropriately. And how it is managed has an impact on the organization's effectiveness.

Strategic Staffing

The organization's business strategy can be supported and made more effective through strategic staffing, and a future-focused, goal-directed approach. Moving individuals into, through, and out of the organization is a part of it.

Staffing

The term "staffing" describes the ongoing process of discovering, choosing, evaluating, and establishing a working rapport with present or potential employees.

Sales Recruiter

Sales fuel revenue and expansion. Although the statement is straightforward, the work is arduous. Sales executives are high-risk, high-reward individuals who have a greater impact on your company's revenue than any other department. To succeed in the market, you must find the proper fit for them.

Learn about the essential qualifications, responsibilities, and abilities that should be listed in a job description for a sales recruiter.

T
Talent Intelligence

Due to the increasingly competitive nature of the recruitment industry, companies often adopt different strategies to improve their talent acquisition. As a result, talent intelligence is gaining traction among recruiters. Using this approach equips recruiters with enough data to drive decision-making.

Talent Pool

It might be intimidating to prepare an organization for the future when there are so many competitors and a talent scarcity. But it's crucial to keep in mind to concentrate on creating a talent pool while seeking for competent candidates and hiring the greatest matches. Businesses that have a talent pool have an organized pipeline of talented, qualified candidates that may end up working for them in the future, which often only buys them some time by avoiding a skills gap.

Talent Relationship Management

With firms scrambling to acquire an edge in the extremely competitive race for individuals that excel with specialized skill sets or have high levels of professionalism, there has been a pressing need to attract, develop, and retain talent in recent years. Recognizing that building relationships with top talent is essential for attracting candidates in a candidate-driven market. The statistical reference Guide for Savvy Recruiters by glassdoor, reports that the current market is about 90% candidate driven hence the need for talent relationship management. This is because finding top talent is the goal, not just a means to an end.

Temp Recruiter

Recruiters are a vital cog in the job market. They connect candidates with companies that have openings and at no charge to the candidates. Better still, their work isn’t restricted to permanent employment alone. Some recruiters and agencies specialize in helping companies find temporary staff to fill a role. These are called temp recruiters or temp agencies.

Time In Lieu

An employee receives time in lieu, or time off from work, in exchange for working beyond regular business hours. Lieu means "instead," therefore, Therefore, when an employee requests time off instead of pay, they are foregoing compensation for overtime work.

Transitional Employment

If a person is out of employment for a long time, it can be challenging to find their way back. Some of the problems they may face are a lack of current skills and an inability to fit into workplace cultures. The concept of transitional employment makes such a return easier.

Timesheets

The rate at which technology is advancing is alarming, and with time being an important component of business, time tracking is essential to its success. Billing clients, better project management, and improved payroll processing are all possible with good timesheet software. Proper time management is a driving force to the success of a business trackable with quality software.

Time to hire

Companies want to fill up job vacancies quickly. Therefore, recruiting prospective candidates for skill gaps determines an effective hiring process. In addition, companies employ strategies to boost productivity to ensure the hiring process is fast. Using different metrics, HR heads can measure the efficiency of their team's hiring process. One of the most influential metrics in hiring is time to hire. If managed effectively, time to hire can boost a company's productivity.

Tangible rewards

Beyond the regular pay package employees receive at the end of a work period, managers can employ extra rewards in a workplace. When such rewards are material, and of value, they are called tangible rewards. The logic behind them is simple. Who doesn’t value recognition, especially when the recognition comes with gifts that could improve comfortability and quality of life?

Total Remuneration

Throughout a working period (most notably a yearly period), employees have the potential to earn a lot in compensation and benefits. All these go on the company books in one form or another and are summed up together as the total remuneration.

Time to Fill

Regardless of the sector, size, or nature of the position, time to fill is one of the most important recruiting criteria for every firm. What does the phrase "time to fill" mean exactly? Can you compute the difference between this and the time to hire? What strategies do you do at your company to shorten the hiring process?

Temp Agency

A temp agency helps businesses find workers for contract or temporary work. They are special kind of staffing firm, and contractors typically are employed on the temp agency's payroll and the companies charge for each contractor placed for a duration. This is beneficial for companies because they can fill out open positions faster without going through an extended search process.

Tech Recruiter

A technical recruiter is a position that falls under human resource specialists, who specializes in finding candidates to fill technical jobs in companies and workspaces. They work with companies to understand their needs and use various methods to find and attract the best candidates.

Talent Pipeline

In the past, recruiting involved being proactive. When job requirements altered and openings appeared, recruiters were entrusted with filling the gaps. However, much has changed recently in that area as forward-thinking teams adopt a more proactive approach to hiring, actively considering their company's future hiring needs and what they can do to support them. This recruitment strategy's pipeline is a key element.

U
Unstructured Interview

One of the methods used for recruitment is the interview. It is the selecting method that is frequently and broadly applied. Regardless of the nature, size, or style of the organization, an interview is the best instrument used to choose an employee. Employers often use one of two fundamental interview models—structured or unstructured interviews—when hiring new staff. The focus, however, is on the unstructured interview.

V
Virtual HR

HR (Human Resources) is critical to maintaining employee satisfaction within a company. Back in the day, employees had to walk the length of an office floor or change floors a couple of times to contact HR for complaints and solutions. Today, the rising popularity of remote work makes it imperative for companies to invest in virtual HR to ensure their workforce's continued satisfaction.

Voluntary Benefits

The demographics of the labor market are not stagnant. Nowadays, generally, the more skilled people are employed, and there is a reduction in the number of people looking for jobs. Thus, businesses find it harder to fill empty positions with the appropriate personnel. The employers had to find ways to attract, attain, and retain the best talent for the businesses. Thus, the reason for the introduction of voluntary benefits into the labor market.

W
Work/Life Employee Benefits

Work/Life Employee Benefits are the non-traditional benefits provided by employers to help employees find a better balance between their work life and their personal life. They are often intangible and typically offered as part of the total renumeration.

Wage drift

Sometimes (maybe even most times), employees get paid more than the agreed-upon sum in their contracts. The difference between what the company pays them and what the company initially agreed to pay them is wage drift.

Workers Compensation

Workers Compensation is a program to provide benefits to workers who are injured or become ill while on the job and/or as a result of the job.

H
Headhunter

A corporation will hire a headhunter when it needs help finding the top candidates for a particular position.

HR Analytics and Data-Driven Recruiting

The inability to find and attract top talents is a common problem many businesses face when hiring. For a company to be successful, it needs the best personnel in every position, thus making the recruitment of top talents a priority of the company. Nowadays, it is possible to track and measure the recruitment processes using data. Many companies are now using HR analytics and data-driven recruitment in hiring.