Human capital refers to the company's assets in a form of its employees and the collective skills, knowledge, experience and competencies they carry and add to...
All HR Glossary articles
Explore our complete glossary of terms and definitions tailored for recruiters and HR managers. This comprehensive guide covers essential recruitment, HR, and talent acquisition terminology to help you stay informed, enhance your strategies, and streamline your hiring processes for success.
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Intangible reward refers to a class of rewards which have no material or monetary value but can keep the employee feeling recognized and motivated. Intangible reward definitionIntangible...
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Labor force participation rate is a measure of the proportion of a country’s working-age population that engages actively in the labour market, either by working or...
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Median wage refers to the borderline between the highest and lowest (50:50) pay of workers in a specific position or occupation.Median wage definition Median wage refers...
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Negotiation refers to a type of bargaining between two or more parties with the aim of overstepping differences and reaching an understanding, often called compromise, to...
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Outsourcing refers to the business process of hiring outside parties to perform non-core functions and services that used to be done by the company's staff. Outsourcing...
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Pre-employment screening refers to a process in which employer's verify candidate's background, screen them for drugs and asses their behavior.Pre-employment screening definitionPre-employment screening refers to a...
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Screening matrix refers to a tool that provides a summary of candidates and qualifications and offers an objective method of comparing candidates both against the set...
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Strategic human resource management is a proactive process of managing employees in an organization, that includes standard human resource components such as attracting, developing, rewarding, and...
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Total quality management refers to a management strategy used for continuous improvement of the quality of services and products by focusing on organizational process measurements and...
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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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Pipelining refers to a part of a recruiting process where hiring managers create a pool of qualified individuals due to their skills, experience and traits for...
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Strategic staffing refers to a strategy of hiring smaller core numbers of permanent employees and using temporary employees for other, more specialized position.Strategic staffing definitionStrategic staffing...
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Not sure what id DOE? Maybe you have seen it, but don't know exactly what does doe stand for in salary?DOE or Depends on Experience are expressions HR...
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Disciplinary action is a procedure undertaken by an organization to deal with employees violating the company rules and policies or misbehaving in any way contrary to...
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Applicant files is a term used to describe all documents that a potential candidate submits when applying for a job position, such as resumes, reference lists...
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Candidate Journey is the expression used to describe 6 stages through which job seekers go through: Awareness, Consideration, Interest, Application, Selection and Hire.Candidate Journey DefinitionSimilarly to...
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Time to hire is one of the key recruiting and hiring metrics. Time to hire metric measures how quickly a company can select and hire the...
