Culture & People
Labor piracy refers to a practice of attracting workers away from the companies in which they work by offering them lucrative incentives.
Labor piracy definition
Labor piracy refers to a practice of attracting workers away from the companies in which they work by offering them lucrative incentives. Companies do that for employees who are in great demand.
Explore More Terms & Definitions
- Social Recruiting
- Human Resource Information System (HRIS)
- Probationary Arrangement
- Merit pay
- Distributive bargaining
- Bullying (workplace bullying)
- Candidate Journey
- Active Job Searching
- Employee Value Proposition (EVP)
- Full Life Cycle Recruiting
- Wage drift
- KPO (Knowledge Process Outsourcing)
- Constructive dismissal
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