What is remote onboarding? - Remote-onboarding-Glossary-banner-16.png

What is remote onboarding?

Remote onboarding is the process of incorporating a new employee into a company and familiarizing them with the company culture and policies, so they can become an effective and contributing member of the team implementing technology of video calls and tech tools.

read more >
Salary-review-Glossary-banner

What is a salary review?

A salary review is the evaluation process that managers conduct to determine if employees’ salaries fairly and accurately reflect their work performances.

read more >
Onboarding-Glossary-banner

What is onboarding?

Onboarding is the process of incorporating a new employee into a company and familiarizing them with the company culture and policies, so they can become an effective and contributing member of the team.

read more >
What is offboarding? - Offboarding-Glossary-banner-1.png

What is offboarding?

Offboarding is the process of disengaging an employee from their position within a company, a practice used both for employees who choose to leave and for those who are laid off.

read more >
Compensation-management-Glossary-banner

What is compensation management?

Compensation management is the process of managing analyzing and determining the salary, incentives, and benefits each employee receives.

read more >
What is compensation management software? - Compensation-management-software-Glossary-banner-2.png

What is compensation management software?

Compensation management software is a dedicated planning system that streamlines employee data and budget planning to create optimum employee compensation packages.

read more >
Attrition-Glossary-banner

What is employee attrition?

Employee attrition is the naturally occurring, voluntary departure of employees from a company. Employee attrition involves leaving a job for:

read more >
What is an applicant tracking system? - Applicant-tracking-system-Glossary-banner-1.png

What is an applicant tracking system?

An applicant tracking system (ATS) is a software that simplifies the recruitment process by helping HR sort through job applicants and selects the most suitable candidate. This sophisticated filing system organizes and stores applicants’ information in a centralized database, managing the entire recruitment process in one system.

read more >
Performance-bonus-Glossary-banner

What is a performance-based bonus?

A performance based bonus is an extra compensation granted to an employee as a reward for reaching pre-established goals and benchmarks.

read more >
What is a merit increase? - Merit-increase-Glossary-banner-1.png

A merit increase is a salary raise granted to an employee for outstanding work performance or achievements. Eligibility for a merit increase is based on a company’s budget, internal criteria, merit metrics system, and the employee’s value in the job market.

read more >
Objectives-of-compensation-management-Glossary-banner

What are the objectives of compensation management?

The objectives of compensation management are to attract, engage, and retain employees through competitive compensation plans that align with the company budget, corresponding job-market, and government regulations.

read more >
What is a performance review? - Performance-reviews-Glossary-banner-1.png

What is a performance review?

A Performance review is an in-depth assessment that managers conduct to gauge employee progress, strengths, and weaknesses, to help improve their productivity.

read more >