HR

Absenteeism: Regular Absence from Work Without a Valid Reason
Absenteeism refers to the habitual non-presence of an employee at their place of work without a valid reason, impacting organizational efficiency and productivity.
Applicant Tracking System (ATS): Software that Manages the Recruitment and Application Process
An Applicant Tracking System (ATS) is a software application used to streamline the recruitment and hiring processes. This article covers its historical context, types, key events, detailed explanations, models, importance, applicability, examples, related terms, comparisons, and more.
Benefit in Kind: Non-Cash Employee Benefits
A comprehensive guide to understanding Benefits in Kind, non-cash benefits provided to employees, and their taxation implications.
Benefit Plan: Employee Perks and Coverage
A comprehensive outline of benefit plans, detailing the variety of benefits provided to employees including health insurance, retirement savings, and others.
Eligible Employee: Definition and Context
An eligible employee is an employee who belongs to one of the targeted groups, meeting specific criteria for benefits and compliance.
Employment at Will Doctrine: Legal Principle of At-Will Employment
A comprehensive guide to the Employment at Will Doctrine, detailing its historical context, types, key events, legal implications, importance, and related terms.
Golden Hello: Incentive Payment for Employment
A Golden Hello is a financial incentive offered to a prospective employee to entice them to join a company. The tax treatment of this payment can vary.
HR Outsourcing: Delegating Some or All HR Tasks to a Third-Party Provider
HR Outsourcing involves delegating specific HR tasks or the entire HR department's functions to an external provider. This allows organizations to focus on core activities and benefit from specialized HR services.
Leased Employee: Definition and Comprehensive Overview
An in-depth exploration of leased employees, including their history, types, key events, detailed explanations, formulas, diagrams, importance, applicability, examples, and related terms.
Payroll System: Software for Employee Pay Processing
A detailed analysis of Payroll Systems, their functionality, types, special considerations, examples, historical context, applicability, and related terms.
PEO: Professional Employer Organization Explained
An in-depth look at Professional Employer Organizations (PEOs), their role in HR management, and the co-employment relationship they establish with client companies.
Separation Code: Indicating the Reason for Discharge
A comprehensive overview of Separation Code, its historical context, types, key events, and relevance in various fields.
Situational Judgment Test: Evaluating Decision-Making Skills
A comprehensive overview of Situational Judgment Tests (SJTs), their historical context, types, key events, detailed explanations, importance, applicability, and more.
Staffing Agencies: A Comprehensive Overview
An in-depth look at staffing agencies, their functions, types, history, key events, and their importance in the modern job market.
Temporary Employment: Understanding Short-Term Jobs
An in-depth exploration of temporary employment, covering its types, historical context, key events, and its importance in the modern job market.
Time Sheet: Recording Employee and Machine Time
A comprehensive guide on Time Sheets used for recording employee time or machine time spent on various activities during a period. It covers historical context, types, key events, detailed explanations, and more.
Broadbanding: A Flexible Personnel Pay System
Broadbanding is a personnel system that collapses numerous pay ranges and classifications into a smaller number of broader pay ranges and classifications, offering organizations flexibility and responsiveness in salary and job grouping.
Part-Time Employment: Flexibility in the Workforce
An exploration into the concept of part-time employment, its benefits, and implications for both employees and employers.
PERK: See PERQUISITE
An overview explaining the concept of 'Perk' which redirects to 'Perquisite'.
Severance Benefit: Compensation Upon Job Termination
A detailed overview of severance benefit, its types, eligibility, computation, applicability, comparisons with similar terms, and legal considerations.
Human Resources (HR): Meaning, Responsibilities, and Best Practices
Explore the intricacies of Human Resources (HR) including its meaning, core responsibilities, and best practices for finding, screening, recruiting, and training job applicants, as well as administering employee benefits.

Finance Dictionary Pro

Our mission is to empower you with the tools and knowledge you need to make informed decisions, understand intricate financial concepts, and stay ahead in an ever-evolving market.