Human Resource Glossary for HR Terms
HR Glossary
This comprehensive glossary of human resource (HR) terms defines words and phrases frequently used by HR professionals. We would like to encourage you to share and make use of this library. If you have any suggestions of terms we have missed or neglected please contact us & we will include it in our next update.
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9-Box ModelThe 9 box model is a talent management framework that evaluates employees across two dimensions: performance and potential. This ...Continue reading 9/80 Work ScheduleThe 9/80 work schedule is a type of compressed workweek arrangement where employees work nine hours a day for the first eight ...Continue reading 147c LetterWhat is a 147c letter? A 147c letter is an official document issued by the IRS to confirm a business's Employer Identification ...Continue reading 360-degree FeedbackA 360-degree survey, also known as a multi-rater or multi-source feedback, is a performance evaluation method that gathers ...Continue reading 401(k) PlanA 401(k) plan is an employer-sponsored retirement savings account that allows employees to contribute pre-tax or after-tax ...Continue reading 1099 EmployeeWhat is a 1099 employee? A 1099 employee, more accurately called an independent contractor, is a worker who receives payment for ...Continue reading
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Abilene ParadoxThe Abilene Paradox refers to a situation when a group makes a collective decision that is counter to the thoughts and feelings ...Continue reading AbscondingWhen an employee is not reporting at work for consecutive days and has not informed his managers or peers about his whereabouts ...Continue reading AbsenteeismThe 80/20 Rule, or Pareto Principle, posits that around 80% of outcomes stem from 20% of causes. This principle, named after ...Continue reading Absenteeism PolicyAbsenteeism policy is a set of guidelines and procedures with the purpose of reducing the number of work days employees miss ...Continue reading Absolute RatingsAbsolute Ratings is a method where the rater assigns a specific value on a fixed scale to the behavior or performance of an ...Continue reading ACA ComplianceACA compliance refers to meeting the requirements established by the Affordable Care Act, including employer mandate obligations ...Continue reading AccessibilityAccessibility involves designing and adapting various elements, such as websites, buildings, and technology, to ensure easy and ...Continue reading Actual Deferred Percentage(ADP)The Actual Deferred Percentage (ADP) is a vital metric that reveals the percentage of eligible employees within a company ...Continue reading Administrative Services Only (ASO)Administrative Services Only (ASO) is a setup where an entity maintains authority over the design and financing of its employee ...Continue reading Advanced Earned Income Credit (AEIC)The Advanced Earned Income Credit (AEIC) is a financial benefit provided by the government to eligible low-to-moderate-income ...Continue reading Adverse EffectAdverse effect refers to discriminatory outcomes or consequences that negatively impact a particular group of employees, often ...Continue reading Affinity BiasAffinity bias refers to preferring people who come from the same background, interests, or experiences as oneself. Unconscious ...Continue reading Affirmative ActionAffirmative action comprises a range of policies and initiatives designed to increase opportunities for historically ...Continue reading Agentic HCMAn agentic HCM is an HCM platform in which AI agents plan and complete multi-step HR work end to end, such as resolving a policy ...Continue reading Agile HRAgile HR refers to the way of working and organizing of the HR function that facilitates responsiveness and adaptiveness of ...Continue reading AI Agent Autonomy LevelsAI agent autonomy levels describe how much an agent is permitted to do without a person's involvement, from recommending an ...Continue reading AI Agents in HRAI agents in HR are software programs that combine a large language model with access to HR systems and data to complete tasks on ...Continue reading AI Audit TrailAn AI audit trail is a tamper-resistant record of what an AI system did and why: the inputs it received, the knowledge it ...Continue reading AI Compliance for HRAI compliance for HR is the ongoing work of demonstrating that AI used in workforce decisions meets the legal, regulatory, and ...Continue reading AI CopilotAn AI copilot is an assistant embedded in a software product that helps a user complete their own work faster: drafting ...Continue reading AI Governance in HRAI governance in HR is the set of policies, roles, controls, and review processes an organization uses to decide which AI systems ...Continue reading AI HallucinationsAn AI hallucination is when a language model produces confident but false or fabricated information: an invented policy clause, a ...Continue reading AI in Employee ExperienceAI in employee experience is the use of AI across the employee lifecycle to make interactions with HR faster, more personal, and ...Continue reading AI-First HCM vs AI-Added HCMAn AI-added HCM is a traditional HCM with AI features attached to existing modules: assistants, summarization, or scripted agents ...Continue reading AI-Native HCMAn AI-native HCM is a human capital management platform in which AI is the core operating layer rather than a feature added to an ...Continue reading AI-Native Maturity for HRAI-native maturity for HR describes how far an organization's HR function has moved from AI as an add-on feature to AI as the way ...Continue reading Alternative Dispute Resolution (ADR)Alternative Dispute Resolution (ADR) is a set of methods and processes used to resolve legal conflicts and disputes outside of ...Continue reading Annual IncomeAnnual income is the total annual earnings an individual, household, or business receives. It encompasses various sources such as ...Continue reading Annualized SalaryWhat is annualized salary? An annualized salary is a calculation that projects an employee's total yearly earnings based on their ...Continue reading AOR (Agent of Record)AOR (Agent of Record) An agent of record is a licensed insurance professional or brokerage firm authorized to act on behalf of a ...Continue reading Applicant Tracking System (ATS)An Applicant Tracking System (ATS) is a hiring system of record that streamlines the entire recruiting process from receiving ...Continue reading Applicant VolumeApplicant volume refers to the quantity of individuals who submit applications for a particular job opening or recruitment ...Continue reading Appointment LetterAn appointment letter is an official document issued by an employer to a selected candidate, formally offering them a specific ...Continue reading Appraisal LettersAppraisal letters are written by the HR department to notify specific employees to praise their work performance during a ...Continue reading AppraisalsAppraisal is an act of assessing something or someone. An appraisal is a formal opportunity to analyse your performance at work ...Continue reading ApprenticeshipApprenticeship is a training program for individuals who desire to become recognized in a specific trade or craft and do so in a ...Continue reading ArrearsArrears are outstanding or overdue payments for services, goods, or commitments that were originally scheduled for payment at an ...Continue reading ASO ( Assistant Section Officer )ASO ASO stands for Assistant Section Officer, a mid-level administrative position in the Indian government civil services system ...Continue reading Assessment CentresMainly used for management selection and development purposes. Participants undertake a wide range of tasks and activities ...Continue reading Assessment YearThe Assessment Year represents the year immediately following the prior financial year (April 01 to March 31 next year), during ...Continue reading At-Will EmploymentWhat is employment at-will? Employment at-will allows employers and employees to terminate the employment relationship at any ...Continue reading ATS ( Applicant Tracking System)ATS stands for Applicant Tracking System, a software employers and recruiters use to manage and streamline the hiring process. It ...Continue reading Attendance Management SystemTime and attendance systems are used to track and monitor when employees start and stop work. A time and attendance system ...Continue reading Attendance PolicyAttendance policy is a set of rules related to the attendance of employees. It includes rules related to absenteeism i.e. number ...Continue reading AttritionAttrition refers to the gradual reduction or loss of employees in an organization due to resignations, retirements, or other ...Continue reading Attrition RateAttrition rate or the churn rate is the rate at which the employees leave the company. Mathematically, it is the number of ...Continue reading Automated Clearing House (ACH)An Automated Clearing House (ACH) is a countrywide electronic payment system in the United States that allows for the electronic ...Continue reading Autonomous HRAutonomous HR is an operating model in which HR processes run with minimal human intervention: the system detects the need for ...Continue reading
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Background CheckBackground check is a process by which a person or company uses to verify that a person is who they claim to be, and provides an ...Continue reading Background VerificationBackground verification is a process many organizations carry out in order to verify the information provided by the candidate ...Continue reading Balanced ScorecardThe Balanced Scorecard, referred to as the BSC, is a framework to implement and manage strategy. It links a vision to strategic ...Continue reading Base SalaryBasic salary refers to the fixed amount of compensation that an employee receives as regular pay, excluding any additional pay ...Continue reading Base Wage RateA base wage rate is the essential and minimum salary an employee provides for their work, excluding additional components like ...Continue reading Basic SalaryBasic salary, also known as base salary, is the salary amount earned by an employee before any particular addition or deduction ...Continue reading Behaviour SkillsBehavioral skills are the abilities and characteristics related to how individuals interact, communicate, and work with others in ...Continue reading Behavioural CompetencyBehavioural competency is essentially an evaluation of the character traits of an employee. How these competencies are defined ...Continue reading Behaviourally Anchored Rating ScaleBehaviourally Anchored Rating Scale (BARS) – is an appraisal system that requires raters list important dimensions of a ...Continue reading Bell CurveBell curves, also called Gaussian distributions and normal distributions, are so-called because the line resembles a bell. Bell ...Continue reading BenchmarkingBenchmarking is a process of measuring the performance of an organization or a team through a variety of metrics—for example ...Continue reading BereavementBereavement refers to the period of mourning and grief following the death of a close family member or loved one. In the ...Continue reading Bereavement LeaveBereavement leave is paid time off granted when an immediate family member dies. It allows employees to attend funeral rites ...Continue reading Bias Detection in AI HR SystemsBias detection in AI HR systems is the practice of testing whether an AI model's outputs differ unfairly across groups, such as ...Continue reading Biometric TechnologyBiometric technology involves the examination and statistical assessment of distinctive physical and behavioral traits of an ...Continue reading Biweekly PayBiweekly pay is a payroll system where employees receive their wages every two weeks, totaling 26 pay periods in a year. It ...Continue reading Bona Fide Occupational Qualification (BFOQ)What is a bona fide occupational qualification? A bona fide occupational qualification (BFOQ) is a legal exception that permits ...Continue reading BonusBonus is a financial compensation that is above and beyond the normal paycheck of the recipient. Bonuses may be awarded to both ...Continue reading Bring Your Own Device(BYOD)A Bring Your Own Device (BYOD) policy is a set of workplace rules allowing employees to utilize their personal electronic ...Continue reading BumpingBumping is a practice used by many companies to reserve talent pool during downsizing, wherein, a senior level employee, whose ...Continue reading Business Process OutsourcingIt is a method of subcontracting various business-related operations to third-party vendors. Although BPO originally was limited ...Continue reading
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CandidateA candidate is an individual who applies for a job, position, or role in an organization or seeks election to a political office ...Continue reading Candidate PersonaA candidate persona is a semi-fictional representation of an ideal job candidate for a specific position within an organization ...Continue reading Career BreakA career break is an agreed period of time off from employment, either for family reasons or for personal or professional ...Continue reading Career DevelopmentCareer development involves the ongoing process of acquiring new skills, knowledge, and experiences to enhance one's professional ...Continue reading Career LatticeA career lattice is a professional growth opportunity and a development tool that allows employees to progress in their career in ...Continue reading Career PathA career path comprises a group of (typically related) jobs that an individual works on the path toward their career goals ...Continue reading Career PlateauAn employee can reach a stage in their career where further upward mobility or advancement is unlikely or slow. This is called a ...Continue reading Carry ForwardCarry forward typically refers to the practice of moving or transferring a certain amount of data from one period to the next. In ...Continue reading Casual LeaveCasual leave is a form of compensated time off that employees can typically use for short-term, unexpected absences from work. It ...Continue reading Change managementChange management is a structured approach to transitioning individuals or organizations from the current state to the desired ...Continue reading Chief Executive OfficerA Chief Executive Officer (CEO), according to rank, is the highest official in a company. A CEO performs numerous duties and is ...Continue reading Churn RateIt also known as the rate of attrition or customer churn, is the rate at which customers stop doing business with an entity. It ...Continue reading CoachingGenerally follows the format of individual guidance that is focused on job performance and aimed at one person alone. The coach ...Continue reading Compa RatioCompa-Ratio, also called Compensation Ratio, is a metric used by organisations to assess the competitiveness of an employee's ...Continue reading CompensationAt work, Compensation is the sum of money given, often called the salary and other benefits, for the services that the employee ...Continue reading Compensation And BenefitsCompensation and benefits refers to the compensation/salary and other monetary and non-monetary benefits passed on by a firm to ...Continue reading Compensation PlanA compensation plan is a framework that outlines how an organization pays its employees for their work, skills, and ...Continue reading Compensatory OffCompensatory Off is an entitled leave that an employee can take on a working day as a compensation for working at employers ...Continue reading Compensatory Time OffCompensatory time off is referred to as "comp off" in short. The practice of providing employees with time off from work in ...Continue reading CompetencyCompetency is a set of demonstrable characteristics and skills that enable, and improve the efficiency of, performance of a job ...Continue reading Competency-Based PayCompetency based pay is a compensation system that recognizes employees for the depth, breadth, and types of skills they obtain ...Continue reading Confidentiality agreementConfidentiality agreement is an agreement between an employer and employee in which the employee may not disclose branded ...Continue reading Confirmation LetterConfirmation letter is an official letter handed over to the employee confirming his employment at the organisation once the ...Continue reading Context in AI HR SystemsIn AI HR systems, context is the information an AI needs beyond the user's request to produce a correct, organization-specific ...Continue reading Contingent WorkerContingent workers are employees who are hired on a temporary basis by the organization. They usually work part-time or only ...Continue reading Contingent WorkerBehavioral interview is an interview category that analyzes the employee based on their behavior in specific situations. These ...Continue reading Contingent WorkersWhat is a contingent worker? A contingent worker provides services to an organization through temporary, project-based, or ...Continue reading Continuous FeedbackContinuous feedback refers to an ongoing process of providing information, comments, and evaluations to individuals or teams in a ...Continue reading Contract EmployeeContract Employee Definition: It refers to a worker hired for a specific period or project under a contractual agreement, rather ...Continue reading Contract of EmploymentA contract of employment, or employment contract, is a legally binding agreement between an employer and an employee, detailing ...Continue reading Contribution Margin RatioContribution margin ratio measures the percentage of each sales dollar remaining after subtracting variable costs, providing ...Continue reading Conversational AI in HRConversational AI in HR is a natural-language interface, by chat or voice, through which employees and managers get HR answers ...Continue reading Cost to Company (CTC)Cost to Company (CTC) is the yearly expenditure that a company spends on an employee. Each employee spend depends on their salary ...Continue reading Cost-Per-HireCost-per-hire is one of the most important and most commonly used hiring and recruiting metric. Cost per hire is linked to ...Continue reading Cover LetterA cover letter is a crucial document sent alongside your resume when applying for a job. It serves as an introduction to the ...Continue reading Crisis ManagementCrisis management is the process by which organizations prepare to deal with unforeseen circumstances. The study of crisis ...Continue reading Cross-functional teamCross functional teams are groups consisting of people from different functional areas of the company – for example, marketing ...Continue reading
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Data Privacy in AI-Driven HRData privacy in AI-driven HR is the set of controls that ensure employee and candidate data used by AI systems is collected with ...Continue reading Dearness Allowance (DA)Dearness Allowance (DA) is an extra compensation given by the government to employees and pensioners to counteract the effects of ...Continue reading Deferred compensationDeferred compensation is a part of the salary that has been set aside for payment on a later date than the actual income was ...Continue reading Deferred RevenueDeferred revenue represents money received by a company for goods or services not yet delivered to customers, which is recorded ...Continue reading DelayeringDelayering is the process of removing layers of hierarchy between the highest and lowest levels in an organisation in order to ...Continue reading Digital Nomad VisaA digital nomad visa is a special residence permit that allows remote workers to live and work legally in a foreign country for ...Continue reading Digital TransformationDigital transformation intentionally incorporates digital technologies throughout an organization, restructuring its operations ...Continue reading Direct ReportA direct report is an employee who formally reports to a specific manager within an organization's hierarchy. The direct report ...Continue reading Disability LeaveDisability leave is an approved time off granted to employees facing challenges in performing job duties due to a disability or ...Continue reading Disciplinary ActionDisciplinary action involves the official steps an employer takes when an employee engages in misconduct or breaches workplace ...Continue reading Disciplinary ActionDisciplinary action is the step taken by the organization against employees that do not comply with certain policies and ...Continue reading Disciplinary ProcedureDisciplinary procedure is a standardized step-by-step comprehensive procedure that a company commits to in situations where an ...Continue reading Diversity and Inclusion in the WorkplaceDiversity and inclusion in the workplace refers to creating environments where employees of varied backgrounds, identities, and ...Continue reading Diversity ManagementDiversity management meaning: Diversity management is the deliberate practice of creating inclusive workplaces where people from ...Continue reading DownshiftingDownshifting refers to social behaviors whereby individuals reduce the responsibility and complexity in their lives in order to ...Continue reading DPA ( Data Processing Agreement )A DPA is a legal contract between a data controller and a data processor that defines how personal data will be collected, used ...Continue reading
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E-RecruitmentE-recruitment, also known as online recruitment, refers to the use of web-based technology for the various processes of ...Continue reading EB2 NIW VisaWhat is EB-2 NIW for Indians? It is a second-preference employment-based immigrant visa that waives the labor certification ...Continue reading EEO-1 ReportingEEO-1 reporting is a mandatory federal requirement that requires covered employers to submit annual demographic data about their ...Continue reading EEO-1 ReportingEEO-1 reporting is a mandatory federal requirement that requires covered employers to submit annual demographic data about their ...Continue reading Employee AssessmentsEmployee assessments are performance appraisals or reviews that is used to evaluate employees' performance and productivity ...Continue reading Employee Assistance ProgramAn Employee Assistance Program (EAP) is a workplace benefit that provides confidential support and resources to employees facing ...Continue reading Employee AttritionWhat is employee attrition? Employee attrition occurs when workers leave an organization and are not replaced, resulting in a ...Continue reading Employee BenefitsEmployee benefits, also known as perks or fringe benefits, are provided to employees over and above salaries and wages. These ...Continue reading Employee ClearanceEmployee Clearance is also known as FNF (Full and Final) settlement happens when an employee resigns, is expelled or retires from ...Continue reading Employee DatabaseAn employee database contains critical information, such as each employee's personal information, as well as company-related ...Continue reading Employee Deposit Linked Insurance SchemeEDLI stands for Employee Deposit Linked Insurance Scheme. It came into being in the year 1976. The intent of the government ...Continue reading Employee EmpowermentEmployee empowerment is defined as the ways in which organizations provide their employees with a certain degree of autonomy and ...Continue reading Employee EngagementEmployee Engagement is a workplace method designed to improve an employee’s feelings and emotional attachment to the company ...Continue reading Employee EvaluationEmployee evaluation, or performance appraisal, is a systematic process wherein an employer assesses an employee's work ...Continue reading Employee HandbookAn Employee Handbook is a detailed document that outlines the policies, procedures, and expectations for employees within an ...Continue reading Employee LifecycleAn employee goes through various stages in a company from recruitment, onboarding, orientation, career planning and development ...Continue reading Employee ManagementEmployee management involves overseeing and coordinating various aspects of an organisation's workforce to optimise productivity ...Continue reading Employee Net Promoter Score (eNPS)Employee Net Promoter Score (eNPS) is a metric used to assess and measure employee loyalty and satisfaction within an ...Continue reading Employee Net Promoter Score (eNPS)It is a scoring system that is designed to identify how likely your employees are to recommend your organisation as a great place ...Continue reading Employee OnboardingEmployee Onboarding is the process of onboarding new hires into an organization. Sometimes used synonymously with new hire ...Continue reading Employee OrientationEmployee orientation is the process of introducing new hires to their jobs, co-workers, responsibilities, and workplace. It ...Continue reading Employee Referral ProgramEmployee referral program refers directly to the hiring process, where an existing employee refers a potential candidate for an ...Continue reading Employee RelationsEmployee relations refers to an organization’s efforts to create and maintain a positive relationship with their employees. By ...Continue reading Employee Resource GroupDefinition of employee resource group: Employee Resource Groups (ERGs) are voluntary, employee-led communities within ...Continue reading Employee RetentionEmployee retention refers to the various policies and practices which let the employees stick to an organization for a longer ...Continue reading Employee Retention RateEmployee Retention Rate Employee retention definition is the measure of the percentage of employees who remain with a company ...Continue reading Employee SatisfactionEmployee satisfaction is the extent to which an individual is happy with their job and the role it plays in their life. Employee ...Continue reading Employee Self ServiceEmployee self service is a feature available in HR software that allows workers to perform tasks normally conducted by the HR ...Continue reading Employee Sentiment AnalysisEmployee sentiment analysis is the application of natural language processing to open-text employee feedback, such as survey ...Continue reading Employee State Insurance (ESI)Employee State Insurance (ESI) is an obligatory health insurance and social security initiative in which monthly contributions ...Continue reading Employee State Insurance Corporation (ESIC)The Employee State Insurance Corporation (ESIC) is an official organization in India that provides healthcare and social security ...Continue reading Employee TenureEmployee tenure indicates the time spent by an individual at an organization. It is quantified either from the date of hire to ...Continue reading Employee TurnoverEmployee turnover refers to the rate at which employees leave a company and are replaced by new hires. It is usually expressed as ...Continue reading Employee TypeWhat is an employee type? Employee type refers to the classification system organizations use to categorize workers based on ...Continue reading Employer BrandingEmployer branding is a term referred to describe company's reputation and popularity from a potential employer's perspective and ...Continue reading Employer Identification Number (EIN)The Employer Identification Number (EIN) is a unique nine-digit identification issued by the Internal Revenue Service (IRS) to ...Continue reading Employer Value PropositionEmployee Value Proposition (EVP) is the balance of the rewards and benefits that are received by employees in return for their ...Continue reading Employment HistoryAn employment history includes a record of all the previous jobs of an applicant. It includes information like the organisation ...Continue reading Employment StatusEmployment status indicates an individual's current position in their job. It encompasses categories like full-time, part-time ...Continue reading Enterprise Resource Planning (ERP)Enterprise Resource Planning (ERP) is a powerful HR software that allows leaders to manage, manipulate and analyse key business ...Continue reading EOR ( Employer of Record )EOR EOR stands for Employer of Record. It is a third-party organization that becomes the legal employer for workers while they ...Continue reading Equity TheoryEquity Theory posits that people maintain a fair relationship between the performance and rewards in comparison to others. In ...Continue reading EU AI Act (and Its Impact on HR)The EU AI Act is the European Union's regulation governing the development and use of artificial intelligence, in force since 1 ...Continue reading Ex Gratia PaymentEx Gratia means “by virtue of grace”. It is a form of voluntary compensation that organizations pay to individuals in case of any ...Continue reading Exempt EmployeeAn exempt employee receives a fixed salary and is excluded from federal overtime pay regulations under the Fair Labor Standards ...Continue reading Exempt vs. Non-Exempt Employee StatusExempt employees are not entitled to any overtime pay for hours worked above 40 a week, according to the Fair Labor Standards ...Continue reading Exit InterviewExit interview is a survey that is conducted with an employee when he or she leaves the company. The information from each survey ...Continue reading ExpatriateAn expatriate, or ex-pat are the employee who are sent to work abroad on a long-term job assignment such as employees who need ...Continue reading Explainable AI (XAI)Explainable AI (XAI) refers to methods that make an AI system's outputs understandable to people: which inputs drove a ...Continue reading
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Factor ComparisonFactor comparison is systematic and scientific method designed to carry out job evaluation which instead of ranking job as a ...Continue reading Family Medical Leave Act (FMLA)Family Medical Leave Act (FMLA) The Family Medical Leave Act (FMLA) is a U.S. law that lets eligible employees take unpaid ...Continue reading Federal HolidaysA restricted holiday is also known as an optional holiday. Unlike mandatory holidays, restricted holidays are at the discretion ...Continue reading Federal ID NumberA Federal ID Number, or Employer Identification Number (EIN), is a nine-digit identification assigned by the Internal Revenue ...Continue reading Federal Income Tax(FIT)The Federal Income Tax is a progressive tax imposed by the U.S. federal government on individuals and entities, determined by ...Continue reading Financial YearA financial year, also called a fiscal year or accounting year, is a designated 12-month timeframe used by organizations and ...Continue reading Fine-TuningFine-tuning is the process of further training a pre-trained model on a smaller, domain-specific dataset so its behavior shifts ...Continue reading Five Factor ModelFive Factor Model is a theory based upon the Big Five personality traits, identified as openness to new experiences ...Continue reading Fixed-Term EmployeeWhat is a fixed-term employee? A fixed-term employee works under a contract with a set end date, unlike permanent staff who have ...Continue reading Flexible WorkplaceA flexible workplace refers to an employment arrangement that allows employees greater control over when, where, and how they ...Continue reading Floating HolidayFloating Holiday A floating holiday is a paid day off that employees can take at their discretion rather than on a predetermined ...Continue reading FLSA StatusThe Fair Labor Standards Act (FLSA) classifies employees as exempt and non-exempt from overtime pay and other wage protections ...Continue reading Forced RankingForced ranking, also known as a vitality curve, is a controversial management tool which measures, ranks and grades employees' ...Continue reading Form 10CForm 10C is a document issued by the Income-tax Department of India which is to be filled in order to claim all the funds and ...Continue reading Form 12BForm 12B is an income tax form issued by the Income Tax Department of India which is to be submitted by an employee joining an ...Continue reading Form 12BBForm 12BB of Income Tax came into effect in the year 1960. It is a statement of claims that employees fill to request deduction ...Continue reading Form 16BForm 16B of Income Tax, known as the TDS Certificate for Sale of Property came into effect under the Income-tax Act, 1961. When ...Continue reading Form 1099A 1099 form is an IRS tax document that reports income paid to non-employees, including independent contractors, freelancers, and ...Continue reading Form 2106Form 2106, Employee Business Expenses, is the federal tax form for the deduction of unreimbursed business expenses, which the ...Continue reading Form 8832Form 8832 is an IRS form titled "Entity Classification Election" that allows eligible business entities to choose their federal ...Continue reading Form W-3Form W-3, which is the Transmittal of Wage and Tax Statements, is a summary form accompanying all Forms W-2 submitted by an ...Continue reading Form W-4Form W-4 is a federal tax form employees complete to instruct their employer on the correct amount of federal income tax to ...Continue reading Form W-9Form W-9 is an IRS tax document that collects taxpayer identification information from U.S. persons and entities receiving ...Continue reading Foundation ModelsA foundation model is a large AI model trained on broad, general-purpose data that can be adapted to many downstream tasks rather ...Continue reading Fringe BenefitsFringe benefits refer to extra non-monetary advantages that employees get on top of their standard wages or salary. Employers ...Continue reading Fringe BenefitsFringe benefit is a part of a non-age payment or added benefit that is provided to employees in the form of pension plans ...Continue reading Full Time HoursFull-time hours typically refer to the standard number of working hours considered a full workweek by an organisation. While the ...Continue reading Full-Time Equivalent (FTE)Full-Time Equivalent (FTE) serves as a metric, allowing for the translation of the workload of a full-time employee. Its primary ...Continue reading Functional Job AnalysisFunctional job analysis, developed by the Employment and Training Administration of the United States Department of Labor, is ...Continue reading
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GamificationIn an employment or HR context, gamification refers to a process of making systems, processes or other employment-related ...Continue reading Gender DivideGender divide is the differences between women and men in society, used in a range of fields including sociology, politics and ...Continue reading General LedgerA general ledger is the main record of all financial transactions within an organization, containing every debit and credit entry ...Continue reading Generation XA demographic cohort born after the post-war baby boomers – commentators tend to use beginning birth dates from the early 1960s ...Continue reading Generation ZA demographic cohort containing individuals born between the early 2000s and the present day. Generation Z, or Gen Z is followed ...Continue reading GIG EconomyA gig economy is an economy where organisations rely more on freelancers and independent contractors instead of full-time ...Continue reading Global MobilityGlobal mobility refers to the movement of employees across international borders for business purposes, including temporary ...Continue reading Global PayrollGlobal payroll manages employee compensation, benefits, and tax obligations across multiple countries. This system coordinates ...Continue reading Goal CascadingGoal cascading is a management process that involves aligning and linking goals and objectives from the top of an organization ...Continue reading Golden HandcuffsGolden handcuffs are contractual clauses that provide financial and non-financial benefits to executives that are forfeited if ...Continue reading GratuityGratuity is given by the employer to his/her employee for the services rendered by him during the period of employment. It is ...Continue reading Great HRHuman Resources (HR) software is a digital solution that automates and manages various HR tasks within organisations. It ...Continue reading GrievanceGrievance refers to the employee's dissatisfaction with company's work policy and conditions because of an alleged violation of ...Continue reading Gross HoursGross hours encompass the total hours an employee is scheduled to work, including regular and overtime hours, without factoring ...Continue reading Gross IncomeGross income is the total earnings an individual or business receives before any deductions, taxes, or expenses are subtracted ...Continue reading Gross MisconductGross misconduct refers to an employee's negative behaviour or action so serious that it calls for the employee's summary ...Continue reading Gross SalaryGross wages encompass the complete earnings an employee gets before deductions, taxes, or other withholdings. This includes the ...Continue reading Gross VS Net IncomeGross income is the total earnings an individual or business receives before deducting expenses and taxes. It represents the ...Continue reading Gross-UpGross-up refers to a financial adjustment made to a payment or a financial transaction to cover the taxes that the recipient ...Continue reading Group InterviewA group interview refers to the kind of an interview where an interviewer/interviewers interview multiple candidates at the same ...Continue reading
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Harvard Model of HRMThe Harvard Model of Human Resource Management (HRM) is like a plan for businesses to use their people in the best way to reach ...Continue reading Hawthorne effectThe Hawthorne effect is a phenomenon observed as a result of an experiment conducted by Elton Mayo. In an experiment intended to ...Continue reading HeadcountHeadcount is the total number of employees working for an organization at a specific point in time. This metric includes ...Continue reading Hierarchy of NeedsA theory proposed by American psychologist Abraham Maslow that categorises human desires by the force and necessity of the ...Continue reading Hiring JourneyThe hiring journey is the comprehensive process of recruiting and onboarding new employees within an organization. It encompasses ...Continue reading Hiring ProcessThe hiring process is a series of steps undertaken by employers to recruit and select suitable candidates for job positions. It ...Continue reading House Rent Allowance (HRA)House Rent Allowance (HRA) is a component of an employee's salary provided by their employer to help cover the cost of renting a ...Continue reading HPI VisaThe High Potential Individual Visa allows recent graduates from top global universities to live and work in the UK without a job ...Continue reading HR AuditA Human Resource Audit is a systematic examination of an organization's HR policies, procedures, and practices to ensure legal ...Continue reading HR Business PartnerHR Business Partner are HR professionals who work closely with an organisation’s senior leaders in order to develop an HR ...Continue reading HR ConsultingSpecialist advice and services provided by a third-party to help businesses maximise the efficiency of their HR operations and ...Continue reading HR DatabaseWhat is HR database technology? An HR database is a centralized digital repository that stores, organizes, and manages employee ...Continue reading HR Functions ListWhat is an HR functions list, and why do organizations need one? An HR functions list is a structured document that outlines all ...Continue reading HR GeneralistA Human Resources (HR) Generalist is a professional who oversees the human resources responsibilities and activities of an ...Continue reading HR OperationsHR operations manages the day-to-day human resource functions across an organization. What is HR operations exactly? It includes ...Continue reading HR ProcessesHR processes are structured workflows that manage employees from hiring to departure. These processes handle recruitment ...Continue reading HR SoftwareIt is a software packages designed to automate many of the common HR tasks and free up resources to be spent elsewhere. Packages ...Continue reading HR TechHR Tech refers to digital tools and software solutions that automate, streamline, and improve human resources processes. These ...Continue reading HRIS AnalystWhat is HRIS analyst work? An HRIS Analyst manages, analyzes, and maintains Human Resource Information Systems to support ...Continue reading HSA ReimbursementHSA reimbursement is the process of getting compensated for medical costs that meet the criteria, using funds from a Health ...Continue reading Human Capital Management (HCM)Human capital management (HCM) is the act of systematically recruiting, managing and developing a workforce. An HCM mindset views ...Continue reading Human Resource Information SystemHuman Resource Information System is a software that is used for carrying out HR processes such as data tracking, self-service ...Continue reading Human Resource ManagementHuman resource management is the organizational function that manages all issues related to the people in an organization. That ...Continue reading Human Resource Management SystemHuman Resource Management System (HRMS) refers to a suite of software that organizations use to manage internal HR functions ...Continue reading Human Resource OutsourcingA contractual agreement between an employer and an external third-party provider whereby the employer transfers responsibility ...Continue reading Human Resources AnalyticsHuman Resources Analytics (HR Analytics) is a field of analytics that refers to implementing an analytics process in an ...Continue reading Human Resources Business PartnerHRBP stands for Human Resources Business Partner. An HRBP is a professional in the field of human resources who works closely ...Continue reading Human Resources Information System (HRIS)Continue reading Human Resources Manager(HR)An HR manager, or Human Resources manager, is a professional responsible for overseeing and managing various aspects of an ...Continue reading Human-in-the-loop AIHuman-in-the-loop AI is a design approach in which a person reviews, approves, or corrects AI outputs at defined points before or ...Continue reading Hybrid Working ModelWhat is hybrid work, and how does it function? Hybrid work is a flexible employment arrangement that combines remote work with ...Continue reading
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Imputed IncomeImputed income refers to non-cash benefits that carry taxable value. The imputed income meaning covers any perk or service an ...Continue reading Incentive PayIncentive pay refers to giving employees bonuses or other forms of compensation in exchange for going above and beyond their ...Continue reading Inclusive WorkplaceAn inclusive workplace embraces diversity and treats all workers equitably, regardless of their different histories, identities ...Continue reading InductionInduction is the process of introducing a new employee to the company culture and processes with the aim of bringing them up to ...Continue reading Informal CommunicationInformal communication in the workplace is communication that takes place outside the formal, communication structures of the ...Continue reading InternshipAn internship is a program offered by an employer that provides potential employees with work experience. Internships are ...Continue reading Interview PanelContinue reading Interview SchedulingInterview Scheduling is the process of coordinating and setting up job interviews between candidates and hiring personnel. It ...Continue reading IT DeclarationIT Declaration involves employees disclosing financial details like planned investments and eligible deductions to their employer ...Continue reading ITR (Income Tax Return)ITR (Income Tax Return) filing is the annual procedure during which individuals and organizations disclose their income ...Continue reading
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Job analysisJob analysis refers to a systematic process of collecting all information about a specific job, including skill requirements ...Continue reading Job BoardJob board refers to an online location (website) that provides a list of open job positions. Job boards can list open positions ...Continue reading Job ClassificationJob classification refers to a process of evaluation aimed at job comparison using standardized scale to differentiate between ...Continue reading Job DescriptionJob description refers to a written informative documentation that states the duties, tasks, responsibilities and qualifications ...Continue reading Job EvaluationJob evaluation refers to a company's systematic process of job comparison (one job with the other jobs). The main goal of job ...Continue reading Job HopperA job hopper is a person who works one job after the other for a brief amount of time. These people do not spend a lot of time ...Continue reading Job RotationIt is movement of employees in different job roles which enriches their skills, ability to work on different roles and ...Continue reading Johari WindowJohari window refers to a technique that is used to help people in better understanding of themselves and others. It represents a ...Continue reading
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KanbanKanban is a very popular workflow management method through which a cross-functional team focuses on improving the work processes ...Continue reading Key Performance IndicatorsA Key Performance Indicator is a measurable value that demonstrates how effectively a company is achieving key business ...Continue reading Key Result AreasKey Result Areas also called “Key Performance Areas” (KPAs) refer to general areas of outcomes or outputs for which a role, or a ...Continue reading Knowledge ManagementKnowledge Management (KM) is the process of generating, accumulating, sharing and using knowledge for improving organisational ...Continue reading KSA'sRefers to knowledge, skills and abilities, often used in the context of the KSAs candidates need to perform a job role. KSAs are ...Continue reading KudosKudos is a congratulatory term for an employee who has done something really well. In a workplace, it is important to recognize ...Continue reading KudosKudos is a congratulatory term for an employee who has done something really well. In a workplace, it is important to recognize ...Continue reading
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Labour UnionA labor union, also called a trade union or worker’s union, is an organization that represents the collective interests of ...Continue reading Large Language Models (LLMs)A large language model (LLM) is an AI model trained on very large volumes of text that predicts and generates language one token ...Continue reading Lateral HiringLateral hiring, often referred to as lateral recruitment or lateral entry, is the practice of recruiting experienced ...Continue reading Lateral RecruitmentLateral recruitment is the process of hiring a "skilled and Professional candidate" for the job that needs to be filled. it is ...Continue reading LayoffA layoff is the suspension or permanent termination of employment of workers by their employer. A layoff does not occur because ...Continue reading Leadership DevelopmentLeadership development refers to activities that improve the skills, abilities and confidence of leaders. Programmes vary ...Continue reading Learning and DevelopmentLearning and development, a subset of HR, aims to improve group and individual performance by increasing and honing skills and ...Continue reading Learning and Development (L&D)Learning and Development (L&D) involves systematic training initiatives, workshops, and educational programs to foster continuous ...Continue reading Learning Management System (LMS)Learning management system is a platform for businesses and organizations designed to train and educate employees. Components ...Continue reading Leased EmployeesA leased employee is a worker employed by a leasing firm but assigned to perform services for another company. The leasing firm ...Continue reading Leave AccrualLeave accrual processing refers to the systematic calculation and accumulation of paid time off for employees over a specified ...Continue reading Leave BalanceLeave balance refers to the amount of unused time-off entitlement that an employee has accrued within a specified period. It ...Continue reading Leave CreditLeave credit pertains to the earned leave benefits that an employee has accumulated over a specific duration, generally through ...Continue reading Leave EncashmentContinue reading Leave Management SystemLeave management is the process used to handle any kind of time off request and to track time that employees are away from work ...Continue reading Leave of absenceA leave of absence is a sanctioned period when an employee is permitted to be away from work, usually with the employer's ...Continue reading Leave PolicyA leave policy is a set of guidelines established by an organization to regulate employee absences from work. This policy ...Continue reading Loss of PayEssentially, loss of pay, or LOP, is a day or set of days wherein an employee is not paid. This might happen because the employee ...Continue reading Loss of Pay (LOP)Loss of Pay (LOP) is when an employee experiences a deduction in their salary due to unauthorized absences or leave without pay ...Continue reading
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Management by ObjectivesManagement by Objectives (MBO), also known as "Management by Results (MBR)", is a results-driven process that aims to define ...Continue reading Management StylesManagement styles are the principles that underlie the methods, abilities and techniques managers use in handling situations and ...Continue reading Management TrainingIt is a training activity that focuses on improving an individual’s skills as a leader and manager. There may be an emphasis on ...Continue reading Marginal Revenue FormulaMarginal revenue represents the additional income a company generates by selling one extra unit of product or service. This ...Continue reading Maternity Benefit ActThe Maternity Benefit Act is legislation in India aimed at safeguarding the rights of women employees during pregnancy and ...Continue reading Maternity Benefit ActThe Maternity Benefit Act was enacted in the year 1961 to protect the employment of women during the time of their maternity ...Continue reading Maternity LeaveMaternity leave is a right of every expectant mother working in any kind of work to avail paid leaves during her maternity. In ...Continue reading Matrix OrganizationBusinesses in which employees work in both traditional siloed departments as well as in cross-departmental teams. These teams may ...Continue reading Mean wageThe mean wage is the average wage that employees receive for the same work performed during a given period of time. Adding all ...Continue reading Medical LeaveA medical leave of absence refers to a temporary period when an employee is excused from work responsibilities due to ...Continue reading MentoringMentoring is a system of semi-structured guidance whereby one person shares their knowledge, skills and experience to assist ...Continue reading Merit IncreaseMerit increase is a salary increase granted to an employee based on how the employee's performance and contribution have helped ...Continue reading Merit PayMerit pay is a system,where one is paid on the basis of the achievement of targets by an individual. These are done on a metric ...Continue reading MicromanagementMicromanagement is a negative term that refers to a management style characterised by extremely close supervision and control of ...Continue reading MillennialsMillennials, or Generation Y, are individuals born around 1985-1995 and are projected to have a worse quality of life than ...Continue reading Minimum Wages ActMinimum Wages Act states different minimum wage for different countries. This act generally quotes the minimum amount of money ...Continue reading Monetary CompensationWages are monetary compensation paid by employers to employees in exchange for their work or services. These payments are often ...Continue reading Multi-Agent SystemsA multi-agent system is an AI setup in which several specialized agents coordinate to complete a task no single agent handles end ...Continue reading
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NepotismNepotism refers to favouritism to relatives due to the blood relationship rather than making decisions based on standard metrics ...Continue reading Net PayNet pay is the amount an employee actually receives after all deductions have been taken from gross earnings. This take-home pay ...Continue reading Net SalaryNet Salary refers to an employee's take-home pay after deductions such as taxes, insurance, and other withholdings have been ...Continue reading New EmployeeA New Employee refers to an individual recently hired by an organization. This term encompasses someone who has recently joined ...Continue reading Nominal Group TechniqueNominal Group Technique (NGT) is a variation of brainstorming in which team members solve problems by coming up with ideas and ...Continue reading Non-Disclosure AgreementNondisclosure agreement, also known as confidentiality agreement, refers to a legal contract between multiple parties restricting ...Continue reading Non-Exempt EmployeeNon-Exempt Employee A non-exempt employee is a worker who receives overtime pay for hours worked beyond 40 hours per week, as ...Continue reading Notice BuyoutA Notice Buyout is a contractual arrangement in which an employer or party terminating a contract offers a financial sum to an ...Continue reading Notice PeriodNotice period is a time frame in the employment contract which begins when the employee submits the letter for dismissal up to ...Continue reading
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O-1B VisaThe O-1B visa grants temporary work authorization to individuals with extraordinary ability in the arts or exceptional ...Continue reading Objectives and Key Results (OKR)The Objective and Key Results methodology is a goal setting framework that helps teams and organisations achieve their goals ...Continue reading Objectives Key Results (OKR)Objectives and Key Results (OKR) is an effective tool used by organizations and teams for setting challenging goals and to ...Continue reading Occupational StressThe physiological and physical effects of negative activity in the workplace as a result of many factors including external ...Continue reading Offer LetterAn offer letter is a document which is given to a candidate after he has been selected for the position. The letter clearly ...Continue reading Offer Letter Acceptance RateThe Offer Letter Acceptance Rate is the percentage of job offers extended by an employer that candidates accept. It is a crucial ...Continue reading OffshoringOffshoring is the process of relocating a business or business process to another country in order to benefit from reduced labour ...Continue reading On-Demand PayOn-demand pay meaning: On-demand pay is a compensation system that allows employees to access their earned wages before the ...Continue reading On-Roll and Off-Roll"On-roll" and "off-roll" refer to the employment status of individuals in a company's payroll. "On-roll" employees are those ...Continue reading OnboardingEmployee onboarding is broadly defined as the process of familiarizing a (new) employee with the organizations policies, the ...Continue reading One-On-One MeetingA one-on-one meeting, sometimes referred to as a "1:1," is a private, usually planned meeting between two people. One-on-one ...Continue reading Oral ReprimandAn oral reprimand is a spoken warning or scolding that an employer or supervisor delivers to an employee in response to their ...Continue reading Organisational ChangeOrganisational change refers to the alteration of structural relationships and roles of people in the organization. It is largely ...Continue reading Organization Development (OD)Organization Development (OD) is a methodical and purposeful approach to enhancing and optimizing the efficiency and operation of ...Continue reading Organizational CultureOrganizational culture, also known as corporate culture, refers to the values, attitudes, beliefs and behaviors that characterize ...Continue reading Organizational DevelopmentOrganization Development is the systematic application of behavioral science knowledge at various levels, such as group ...Continue reading OrientationOrientation is the process of bringing employees up to speed on organisational policies, job roles and responsibilities and other ...Continue reading OutsourcingOutsourcing is the business practice of hiring a party outside a company to perform services and create goods that traditionally ...Continue reading OvertimeOvertime refers to the additional hours an employee works beyond their regular, standard working hours. Typically compensated at ...Continue reading
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Paid LeavePaid leave refers to time off from work for which an employee continues to receive their regular compensation or salary. This ...Continue reading Paid Time Off (PTO)PTO, short for "Paid Time Off," signifies the duration an employee can be absent from work yet receive regular pay. This ...Continue reading Panel InterviewPanel interview is just like a normal interview, except, this interview has more than one interviewer putting up the questions ...Continue reading Pareto PrincipleThe 80/20 Rule, or Pareto Principle, posits that around 80% of outcomes stem from 20% of causes. This principle, named after ...Continue reading Partial PaymentsPartial payments are made in installments or lesser sums rather than paying the total amount all at once. This is applied to a ...Continue reading Paternity Leave MeaningParental leave is a policy that allows employees to take time away from work to care for a newborn or adopted kid. It enables ...Continue reading Pay ParityPay parity meaning: Equal compensation for employees who perform the same job with similar qualifications, experience, and ...Continue reading Pay RegisterPay Register typically refers to a record or document that contains information related to employee compensation or payment ...Continue reading Pay StubA pay stub, also known as a paycheck stub or pay advice, is a document provided by employers to employees detailing their ...Continue reading PayrollPayroll is the total of all compensation a business must pay to its employees for a set period of time or on a given date. It is ...Continue reading Payroll SoftwarePayroll software is an application that manages, organizes and automates employee payment. The software tracks all payments and ...Continue reading PayslipA payslip, often referred to as a salary slip, is a document issued by an employer to an employee with each pay cycle. It ...Continue reading PeersPeers are individuals who are usually in the same age group or share common characteristics, or experiences. They are considered ...Continue reading People AnalyticsPeople analytics is the use of employee and candidate's data to understand their impact on business goals and assess the ...Continue reading People ManagementPeople management is a strategic and practical approach to managing individuals within an organization. It involves the ...Continue reading People OperationsPeople Operations is the management of employees, labour and talent in the organisation. It focuses on developing and retaining ...Continue reading Performance AppraisalPerformance appraisal refers to periodic review and evaluation of an employee’s job performance (skills, achievements etc) and ...Continue reading Performance ImprovementPerformance improvement is a strategy under the umbrella of performance management to help employees achieve better performance ...Continue reading Performance Improvement Plan (PIP)A performance improvement plan (PIP), also known as a performance action plan, is a tool to give an employee with performance ...Continue reading Performance ManagementPerformance Management is a process of linked activities that aim to ensure goals are being met in the most efficient and ...Continue reading Performance Management CyclePerformance management cycle is a cyclical phenomenon in which employees are evaluated throughout the year. All employees go ...Continue reading Performance PlanningPerformance planning is a sub-area of performance management and is concerned with providing a clear, structured process towards ...Continue reading PerksPerks, commonly referred to as "perquisites," denote the additional advantages and privileges employees get alongside their ...Continue reading Personal Income Tax (PIT)Personal Income Tax (PIT) is a levy imposed by the government on an individual's earnings. It encompasses income from sources ...Continue reading Pink SlipContinue reading Pre-BoardingPre-boarding is the phase that occurs after a job offer is accepted but before the official start date of a new employee. During ...Continue reading PreboardingPreboarding process meaning: Preboarding is the period between a new hire accepting a job offer and their first day of work. This ...Continue reading Predictive People AnalyticsPredictive people analytics applies statistical and machine learning models to workforce data to forecast outcomes before they ...Continue reading Pro-RataPro-Rata is a Latin term that means "in proportion." In various contexts, it is used to describe the allocation or distribution ...Continue reading Probationary ArrangementProbationary arrangement refers to an agreement between employers and usually new employees in which the employees agree to work ...Continue reading Probationary PeriodProbationary periods are defined periods of time wherein employees are exempt from certain contractual terms, most importantly ...Continue reading PromotionPromotion is the process of elevating an individual's position within an organization or career, typically in recognition of ...Continue reading Prompt EngineeringPrompt engineering is the practice of writing and refining the instructions given to a language model so it produces reliable ...Continue reading Protected ClassesProtected classes refer to categories of persons who are protected under different laws, such as state, federal, or local, from ...Continue reading Provident Fund (PF)A Provident Fund (PF) is a compulsory savings and retirement program created to enable individuals to save for their future ...Continue reading Provisional CreditProvisional credit is a temporary credit that banks give customers while investigating disputed transactions or chargebacks. This ...Continue reading Psychometric TestPsychometric test is a scientific method which organizations employ to analyze the behavior aspect of people. They gauge if a ...Continue reading PTO ( Paid Time Off )PTO stands for Paid Time Off, a policy that combines vacation days, sick leave, and personal time into one flexible bank of ...Continue reading Public Provident Fund (PPF)The Public Provident Fund (PPF) is a government-backed, long-term savings and investment program in India. Its primary purpose is ...Continue reading Pulse SurveyContinue reading
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Quality ManagementA system to make sure that a product or service meets standards of excellence, and that the process by which the product or ...Continue reading Queen Bee SyndromeQueen Bee Syndrome is defined as a situation where high ranking women in positions of authority treat the women who work below ...Continue reading
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RecruitmentThe hiring process is a series of steps undertaken by employers to recruit and select suitable candidates for job positions. It ...Continue reading Recruitment SoftwareIt is software tools used by recruiters, talent acquisition professionals, and hiring managers to streamline or automate some ...Continue reading RedundancyRedundancy refers to a process of terminating employees from their employment due to different business reasons. Most often the ...Continue reading Redundancy PayRedundancy pay is compensation employers provide to employees whose jobs are eliminated due to business restructuring ...Continue reading Reimbursable ExpensesReimbursable expenses are business-related costs that employees pay personally and later recover from their employer through an ...Continue reading ReimbursementReimbursement is the act of compensating or repaying someone for expenses they have paid on behalf of an organization ...Continue reading Relieving LetterRelieving Letter is a formal letter that is issued to an employee at the time of leaving an organization. It is a formal way of ...Continue reading Remote InterviewA remote interview is a job interview conducted using digital communication tools, typically video conferencing platforms or ...Continue reading Remote JobA remote job allows employees to work from locations outside the traditional office environment, using technology to complete ...Continue reading RemunerationRemuneration is the money and other types of compensation an employee or executive of a company receives for their work. It ...Continue reading Request for proposal (RFP)A Request for Proposal, or RFP, is a document that companies use to gather information about services from a potential supplier ...Continue reading ResignationResignation is the deliberate act of an employee choosing to end their employment with an organization formally. This entails the ...Continue reading Responsible AI in HRResponsible AI in HR is the commitment to design, deploy, and operate AI in workforce decisions so that it is fair, transparent ...Continue reading Restricted HolidayA restricted holiday is also known as an optional holiday. Unlike mandatory holidays, restricted holidays are at the discretion ...Continue reading Restricted HolidaysRestricted holiday means a holiday that is optional, and it is the discretion of the employee whether they want to take leave on ...Continue reading Resume ParsingResume parsing is the process of automatically extracting and organizing information from resumes and CVs in a digital format ...Continue reading RetentionRetention, whether it is about customer retention or employee retention, refers to retaining, possessing, or continuing to work ...Continue reading RetentionRetention, whether it is about customer retention or employee retention, refers to retaining, possessing, or continuing to work ...Continue reading Retention StrategyRetention strategies are policies and plans that organisations follow to reduce employee turnover and attrition and ensure ...Continue reading Retrieval-Augmented Generation (RAG)Retrieval-augmented generation (RAG) is a technique in which an AI system first retrieves the most relevant passages from ...Continue reading Retro PayRetro pay, or retroactive pay, is the compensation an employee is due for work they completed in the past but were not initially ...Continue reading Revenue per EmployeeWhat is revenue per employee, and why does it matter? Revenue per employee is a financial metric that measures how much revenue ...Continue reading Reverse MentoringReverse mentoring is an initiative in the workplace where older employees are mentored by younger employees. For example, younger ...Continue reading Review ProcessA review process is a structured evaluation system employed by organizations to assess and appraise various aspects of their ...Continue reading Rewards And RecognitionRewards and Recognition is a system where people are acknowledged for their performance in intrinsic or extrinsic ways ...Continue reading Right To ManageA ‘right to manage’ is a discretion of managers or leaders to govern a company in the way they see fit without influence from ...Continue reading RightsizingRightsizing in business refers to the strategic adjustment of an organisation's workforce, resources, or operations to align with ...Continue reading Risk ManagementRisk management is a process whereby organisations identify and analyse potential business risk and put in place policies to ...Continue reading Roles and ResponsibilitiesRoles and responsibilities refer to the distinct functions, obligations, and tasks assigned to individuals or job positions ...Continue reading Roster ManagementRoster management refers to schedule management. Schedule is also known as rota or roster. Managing a roster typically includes a ...Continue reading Rotational TrainingRotational training refers to a training and development type of strategy where employees are rotated between departments, jobs ...Continue reading
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Sabbatical leaveSabbaticals are prolonged absences from the workplace of people to achieve their life goals. This is a benefit provided by the ...Continue reading Salaried EmployeeA salaried employee is someone who receives a fixed salary as compensation for their work, regardless of the number of hours ...Continue reading Salary DeductionA payroll deduction is a specific amount of money subtracted from an employee's gross pay before the net pay is calculated. These ...Continue reading Salary IncrementA salary increment, commonly known as a pay raise or wage boost, involves raising an employee's compensation, resulting in an ...Continue reading Salary RevisionA salary revision, commonly known as a pay adjustment or wage raise, involves altering an employee's remuneration to account for ...Continue reading ScreeningScreening is a process of evaluating and assessing individuals or items to determine their suitability, eligibility, or adherence ...Continue reading Seasonal EmploymentSeasonal temporary employment refers to employment within a particular time of the year or business cycle. Workforce requirements ...Continue reading Self Employed TaxSelf-employment tax is a tax that individuals who work for themselves are required to pay. It covers Social Security and Medicare ...Continue reading Self-ReviewA self-review, also known as a self-assessment or self-evaluation, is when an individual evaluates and comments on their own ...Continue reading Sensitivity TrainingSensitivity training refers to one of the organizational development techniques which through counseling methods works on ...Continue reading Severance PayContinue reading Shift Differential PayShift differential is additional compensation paid to employees who work outside standard business hours, including evenings ...Continue reading Sick Leave PaySick leave pay is provided to employees who cannot work due to illness or accident, ensuring they receive compensation during ...Continue reading Signal-Based HRSignal-based HR is an operating model in which the HR system continuously monitors patterns across workforce data, including ...Continue reading Situational LeadershipA management theory stating that effective leadership varies, but is task-relevant, and the most successful leaders are those ...Continue reading Skill GapSkills gap refers to the difference between the skills required for a job and the skills employee actually possesses. Because of ...Continue reading Skills GapThe skills gap is the difference between the skills and qualifications employers seek in their workforce and the skills the ...Continue reading Skills IntelligenceSkills intelligence is the use of AI to identify, infer, and continuously map the skills an organization has, the skills each ...Continue reading Smart GoalsSmart goals are specific, measurable, achievable, and time-bound objectives designed to enhance goal-setting effectiveness. Smart ...Continue reading Social CollaborationSocial collaboration is the joined-up efforts of multiple stakeholders in pursuit of a common goal. Social collaborations can be ...Continue reading Social HRThe use of online social media platforms to fulfill HR functions, most notably recruitment, but also including employee ...Continue reading Social Media Background VerificationPre-employment social media screening involves assessing a job candidate's online presence on platforms like LinkedIn, Facebook ...Continue reading Social Media RecruitingSocial Media Recruiting is the practice of using social media platforms to attract, engage, and hire potential candidates for job ...Continue reading Social NetworkingThe building of online communities of people who have common interests. LinkedIn, Facebook and MySpace facilitate these ...Continue reading Social RecruitmentSocial recruitment is concerned with sourcing candidates for jobs via social media channels and social media networks. Social ...Continue reading Software As A ServiceSoftware as a service (SaaS) is a software distribution model in which a third-party provider hosts applications and makes them ...Continue reading SourcingSourcing in HR refers to the proactive and strategic process of identifying, attracting, and engaging potential candidates for ...Continue reading StaffingStaffing refers to the continuous process of finding, selecting evaluating and developing a working relationship with current or ...Continue reading Staffing AgencyStaffing Agency A staffing agency is a business organization that connects job seekers with employers by providing temporary ...Continue reading Standard DeductionThe standard deduction is a set amount that taxpayers can subtract from their adjusted gross income (AGI) to arrive at their ...Continue reading State Unemployment Insurance (SUI)State Unemployment Insurance (SUI) is a United States program that provides temporary financial aid to individuals who have lost ...Continue reading State Unemployment Tax Act (SUTA)The State Unemployment Tax Act (SUTA) is a federal law that sets the guidelines for state-level unemployment insurance programs ...Continue reading Statutory EmployeeA statutory employee is a specific employment status defined by the Internal Revenue Service (IRS). It refers to individuals who ...Continue reading StipendA stipend is a fixed, regular payment or allowance typically provided to individuals, often for specific purposes such as ...Continue reading Straight-Time PayStraight-Time Pay is the standard rate of compensation that an employee earns for their regular working hours. It is typically ...Continue reading Strategic HRMStrategic human resource management is a proactive process of managing employees in an organization, that includes standard human ...Continue reading Strategic PlanningA coherent planning strategy whereby businesses define their values, objectives and needs and then allocate resources and ...Continue reading Succession PlanA succession plan is a structured process that organisations use to identify and develop employees to fill key roles within the ...Continue reading Succession PlanningSuccession planning is a strategy for passing on leadership roles - often the ownership of a company - to an employee or group of ...Continue reading SUI ( State Unemployment Insurance )SUI is State Unemployment Insurance, a payroll tax that employers pay to fund unemployment benefits for workers who lose their ...Continue reading Summary DismissalSummary dismissal is the immediate termination of an employment contract due to an employee’s behaviour. Employers tend to ...Continue reading SuperannuationA Superannuation benefit provides employees with retirement income through mandatory employer contributions and voluntary ...Continue reading Supplemental WagesSupplemental wages are any form of compensation an employee receives in addition to their regular salary or hourly pay. This can ...Continue reading SuspensionSuspension is when an employee is sent home from work, usually while receiving full pay. Employers are entitled to suspend an ...Continue reading SUTA TaxSUTA tax (State Unemployment Tax Act) is a payroll tax that employers pay to fund state unemployment insurance programs for ...Continue reading System ChangeoverSystem changeover is concerned with the smooth shift from one way of doing things to another and the mitigation of disruption to ...Continue reading System ChangeoverSystem changeover is the procedure of moving from an old or current system to a new one, encompassing modifications in hardware ...Continue reading Systemic DiscriminationSystematic discrimination, also called institutionalized discrimination, refers to a method of discrimination which occurs ...Continue reading
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Talent AcquisitionTalent Acquisition refers to the process of identifying and acquiring skilled workers to meet your organizational needs. The ...Continue reading Talent Acquisition SpecialistA talent acquisition specialist is an HR professional who identifies, attracts, and recruits top talent for an organization's ...Continue reading Talent IntelligenceTalent intelligence is the combination of internal workforce data and external labor market data, analyzed with AI, to inform ...Continue reading Talent ManagementTalent management is the systematic process of identifying the vacant position, hiring the suitable person, developing the skills ...Continue reading Talent Management SoftwareTalent management software refers to an integrated tool that focuses on different components of managing human resource ...Continue reading Talent PoolA talent pool refers to a reservoir of skilled individuals available for recruitment within or outside an organization. It ...Continue reading Tangible RewardsTangible rewards refer to material rewards which can be financial in the form of cash or in a form of gifts which can be ...Continue reading TaxTax are involuntary fees levied on individuals or corporations and enforced by a government entity - whether local, regional or ...Continue reading Tax Deduction and Collection Account Number(TAN)TAN, which stands for Tax Deduction and Collection Account Number, is a distinctive alphanumeric code comprising ten characters ...Continue reading Tax Identification NumberA TIN, or Taxpayer Identification Number, is an exclusive numerical identification given by tax authorities to individuals ...Continue reading Taxable IncomeTaxable income is the amount of income used to calculate how much tax an individual or a company owes to the government in a ...Continue reading TD1 FormA TD1 form is a Canadian tax document that employees complete to inform their employer about personal tax credits and deductions ...Continue reading Team BuildingTeam building refers to the various activities undertaken to motivate the team members and increase the overall performance of ...Continue reading Temporary EmployeeA temporary employee is a worker hired for a fixed period to complete specific projects, cover absences, or handle seasonal ...Continue reading Termination LetterA termination letter is an official document from an employer, formally informing an employee about the decision to end their ...Continue reading Time to ProductivityTime to productivity refers to the duration it takes for an individual, team, or system to become fully productive after a ...Continue reading Total CompensationThe term total compensation is used to describe all forms of monetary payments to an employee. For existing employees, this can ...Continue reading Total Quality ManagementTotal quality management is a management approach founded on a set of beliefs that aim at continuous improvement of product and ...Continue reading Total RemunerationTotal remuneration is the sum of an employee’s compensation package, including basic pay (their salary, not including any ...Continue reading Training And DevelopmentTraining and development encompass organizational processes designed to improve employees' knowledge, skills, and capabilities ...Continue reading Training Needs AnalysisTraining Needs Analysis (TNA) is the process in which the company identifies training and development needs of its employees so ...Continue reading Transformational LeadershipTransformational leadership is a leadership style that can inspire positive changes in those who follow. Transformational leaders ...Continue reading Trust Layer in AI HRTrust layer in AI HR is the set of architectural controls that make autonomous AI actions on employee data safe to deploy ...Continue reading TurnoverTurnover, commonly known as revenue, is the amount of money made by a company in a particular time period through its standard ...Continue reading
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Unconscious BiasUnconscious Bias influences our background, experiences and environmental conditions can all play a part in shaping our choices ...Continue reading Unconscious Bias in the WorkplaceUnconscious bias refers to perceptions, attitudes, or beliefs that are automatically ingrained and mostly unconsciously impact ...Continue reading Universal Account Number (UAN)The Universal Account Number (UAN) is a distinct 12-digit code provided by the Employee Provident Fund Organization (EPFO) in ...Continue reading Unpaid LeaveUnpaid leave meaning: Unpaid leave is time off from work where employees do not receive their regular salary or wages during the ...Continue reading UpskillingUpskilling as a process involves the development of new or enhanced skills, knowledge, and capabilities in individuals to meet ...Continue reading UpskillingUpskilling as a process involves the development of new or enhanced skills, knowledge, and capabilities in individuals to meet ...Continue reading
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Variable PayVariable pay is the portion of sales compensation determined by employee performance. When employees hit their goals, variable ...Continue reading Virtual HRVirtual HR refers to the process of providing a range of options through the use of various types of technology to employees in ...Continue reading Visa SponsorshipVisa Sponsorship Visa sponsorship definition: It refers to a legal arrangement in which an employer petitions the government to ...Continue reading Void CheckA void check is a blank check marked with the word "VOID" written across its face, rendering it unusable for payment ...Continue reading Voluntary BenefitsVoluntary benefits are employee benefits paid for by the employee rather than the employer, although the employer will pay for ...Continue reading
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W-2 EmployeeA W-2 employee is a worker classified as a direct employee of a company, receiving wages subject to federal and state tax ...Continue reading Wage DriftWage drift refers to a difference between the salary negotiated by a company and the one that is actually paid to an employee by ...Continue reading Wage Drift"Absent Without Leave" (AWOL) is used in military and employment settings to denote an unauthorized absence. It refers to a ...Continue reading Wage to SalaryWage to salary conversion is a method used to determine the annual equivalent of an hourly wage. This calculation streamlines the ...Continue reading Walk-in InterviewIn a walk-in interview, contenders for a job show up for an interview without making an appointment or sticking to a set time ...Continue reading Weekly OffA weekly off is a day of rest that is typically granted to employees once a week. It is not just a perk for employees but plays a ...Continue reading Wellness ProgramsA wellness program is a comprehensive health initiative designed to maintain or improve well-being through proper diet, exercise ...Continue reading WFH (Work From Home)WFH stands for "work from home," a flexible work arrangement where employees perform their job duties from their personal ...Continue reading What is Labour ForceThe labor force comprises individuals actively engaged in employment or seeking work within a specific geographic area or ...Continue reading What is Labour MarketThe labour market is the arena where employers and employees interact for employment relationships. It involves the availability ...Continue reading Work AuthorizationWork authorization is a legal permission granted by the U.S. government that allows individuals to work lawfully in the United ...Continue reading Work From Anywhere (WFA)Work from anywhere empowers employees to perform their jobs from any global location while meeting performance expectations and ...Continue reading Work From Home (WFH)Work From Home (WFH) refers to the practice of carrying out professional duties and tasks remotely, away from the traditional ...Continue reading Work-Life BalanceWork-life balance refers to the level of prioritisation between personal and professional activities in an individual’s life and ...Continue reading Worker's CompensationWorkers' compensation is a compulsory insurance initiative providing financial and medical assistance to employees encountering ...Continue reading Workforce DiversityWorkforce diversity means having a mix of people with different backgrounds, experiences, and characteristics in a workplace. It ...Continue reading Workforce ManagementWorkforce Management (WFM) is a set of processes that are used by a company to maximise the productivity of the employees. It ...Continue reading Workforce PlanningWorkforce planning refers to a continuous process of analyzing the needs of the organization in terms of what an organization is ...Continue reading Workplace BullyingWorkplace bullying refers to repeated, unreasonable actions of individuals (or a group) directed towards an employee (or a group ...Continue reading Wrongful TerminationWrongful Termination also known as wrongful dismissal or wrongful discharge, is a situation in which an employee's contract of ...Continue reading