Total compensation refers to the complete pay package company offers to employees in order to attract, motivate and retain them. Total compensation definition Total compensation refers...
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Our Content Team is dedicated to crafting insightful, informative, and helpful content focused on HR trends, recruitment strategies, and employment practices. They are responsible for curating and managing all content published on the TalentLyft page, ensuring that it resonates with our audience and provides valuable resources for HR professionals and recruiters alike. Through their expertise and research, they aim to support the HR community by sharing stories, tips, and strategies that drive better hiring practices and workplace development.
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Total remuneration refers to a total sum of an employee’s annual compensation package, including both basic pay aka salary and financial (pension plans, bonuses, incentive) and...
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Third party administrator refers to types of organizations that administrate insurance policies for an employer, most often for a self-insured group. Third party administrator definition (TPA)Third...
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Talent acquisition is the process of attracting, finding and hiring skilled human labor for organizational needs in order to meet labor requirements. Talent Acquisition definitionIn the process...
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Underwriter refers to an individual or an organization who is considered to be a financial risk expert and who evaluates and assumes other party's risk for...
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Unfair labor practice refers to actions which violate relevant employment legislation regarding transgression carried out on by an employer or a union. Unfair labor practice definition...
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Work/Life Employee Benefits refer to non-traditional benefits received by employees to help them achieve better work-life balance and improve overall life quality and satisfaction. Work/Life Employee...
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Work-life balance refers to an individual’s ability to balance time allocated to work and other aspects of life.Work-life balance definition Work-life balance refers to an individual’s...
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Workers’ compensation refers to a type of insurance program that insures employees for injuries and illnesses connected to a specific job. Workers compensation definitionWorkers compensation refers...
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A whistleblower is a person who exposes illegal or unethical information or activity within a private or public organization.Whistleblower definitionA whistleblower is a person who exposes...
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Wage drift refers to a difference between the salary negotiated by a company and the one that is actually paid to an employee by the end...
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Veteran's preference refers to the U.S. laws which act as preferential treatment of qualified veterans of the US Armed Forces in employment processes situations such as...
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Vacancy refers to a vacant job position within a company. Vacancy definitionVacancy refers to a vacant job position within a company.When a vacancy occurs, it is...
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Volunteerism refers to the company practice in which employers encourage and support employees who want to volunteer by providing them necessary methods and tools or extending...
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Voluntary benefits refer to products/benefits paid at a lesser rate by the employees most often through payroll deductions where the employer pays for the costs of...
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Virtual HR refers to the process of providing a range of options through the use of various types of technology to employees in order to connect...
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Viral marketing refers to marketing tools and techniques which use existing social platforms as means of spreading the promotional messages about a specific company/brand/initiative quickly to...
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Union refers to an organized group of individuals connected by a common interest in order to deal with collective issues and achieve certain goals.Union definitionUnion refers...
