Organizational structure is the system by which an organization directs its activities in order to achieve its goals. It can include various elements, including rules, roles, and responsibilities. Organizational structure determines the flow of work and information through a company…
A merit increase is a salary raise granted to an employee for outstanding work performance…
Compensation management is the process of managing analyzing and determining the salary, incentives, and benefits…
Gross wages refer to the amount of money earned before taxes are withheld from a…
A gender pay gap is a difference in pay between men's and women’s average salaries.
A talent acquisition specialist is an HR professional who specializes in finding the right people…
A leave of absence (LOA) is time people can take off from work for extraordinary…
A statutory employee is designated by the United States IRS as a unique type of…
An employee retention strategy is a calculated approach to keeping people motivated to work at…
Awareness of the employee lifecycle can help HR professionals better understand–and therefore improve–the employee experience…
A floating holiday is a paid day off that an employee can decide to take…
A stay interview is a formal discussion between a leader and an employee to determine…