This glossary provides a thorough overview of the key terms and concepts in the recruitment and HR industry.
1. Applicant Tracking System (ATS): Software used to track job applicants during the recruitment process.
2. Background Check: Verification of a candidate's employment history, criminal record, etc.
3. Behavioral Interview: Focuses on how candidates handled past situations.
4. Benefits: Non-wage compensations like health insurance and paid time off.
5. Bench Strength: Capabilities and readiness of potential successors.
6. Boolean Search: A method of searching resumes using AND, OR, NOT commands.
7. Candidate Experience: Overall perception of a company's recruitment process.
8. Compensation Package: Combination of salary, benefits, and other rewards.
9. Competency: Skills, abilities, and knowledge required for specific tasks.
10. Contingent Workforce: Temporary or freelance workers.
11. Counteroffer: An offer made in response to a previous offer.
12. Culture Fit: How well a candidate aligns with company culture.
13. Direct Hire: Hiring an employee directly, not through an agency.
14. Employee Engagement: The level of commitment and passion an employee has.
15. Employee Onboarding: Integrating a new employee into the company.
16. Employee Referral: A job candidate recommendation from a current employee.
17. Employee Relations: Managing relationships between employers and employees.
18. Equal Employment Opportunity (EEO): Policies ensuring non-discrimination in hiring.
19. Exit Interview: Interview with departing employees for feedback.
20. Freelancer: A person working on a contract basis.
21. FTE (Full-Time Equivalent): Measure for the work commitment of an employed person.
22. Ghosting: When a candidate suddenly stops communicating.
23. Glassdoor: Website where employees review companies.
24. Headhunter: A recruiter seeking out candidates, often for specialized roles.
25. HRIS (Human Resources Information System): Software for HR tasks like payroll.
26. Internal Recruitment: Filling job vacancies with current employees.
27. Job Board: A website or location where job vacancies are posted.
28. Job Description: Outline of a job's responsibilities, qualifications, etc.
29. Job Offer: A formal proposal to hire a candidate.
30. Job Posting: Public advertisement of a job vacancy.
31. KPI (Key Performance Indicator): A measure of process or function effectiveness.
32. L&D (Learning and Development): Initiatives focused on skill acquisition.
33. LinkedIn: Professional networking and job searching platform.
34. Non-Compete Agreement: Contract restricting employees from joining competitors.
35. Onboarding Software: Tools to facilitate the new employee onboarding process.
36. Outplacement Services: Support for laid-off employees to find new jobs.
37. Passive Candidate: Someone not actively job hunting but open to opportunities.
38. Performance Review: An evaluation of an employee's work.
39. Pre-employment Testing: Assessments given to candidates before hiring.
40. Purple Squirrel: A term for a perfect job candidate.
41. Recruiter: A person or firm that fills job vacancies.
42. Recruitment Funnel: Stages through which potential candidates move.
43. Reference Check: Verification of a candidate's history through references.
44. Relocation Package: Benefits covering the costs of moving for work.
45. Retention: A company's ability to keep its employees.
46. Sourcing: Proactively searching for qualified job candidates.
47. Stakeholder: Anyone with an interest in the company.
48. Talent Acquisition: Process of finding and hiring skilled talent.
49. Talent Management: Strategies for recruiting, developing, and retaining talent.
50. Talent Pipeline: A pool of potential candidates for hiring.
51. Team Building: Activities to improve team performance.
52. Telecommuting: Working from a location other than the traditional office.
53. Temporary Work: Employment limited to a specific period.
54. Total Rewards: Complete value proposition employees receive from an employer.
55. Unconscious Bias: Hidden biases influencing decision-making processes.
56. Work-Life Balance: Balance between work responsibilities and personal life.
57. Workforce Planning: Ensuring the right people are in the right jobs at the right time.
58. Zero-Hours Contract: Contract with no guaranteed minimum working hours.
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