What is a confidentiality agreement?
A confidentiality agreement, also known as a non-disclosure agreement (NDA), is a binding contract between two parties that holds each side accountable for protecting private information.
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What is employee retention rate?
Employee retention rate is a metric that measures the percentage of employees who remain employed over a specific period.
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What is compensatory time off?
Compensatory time off is paid time off that employees can accrue in return for working overtime. Instead of compensating employees time and a half for their overtime hours, compensatory time off provides time off plus pay.
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What is HR automation?
HR automation is a self-operating computerized service that allows HR professionals to manage personnel more efficiently and productively. HR automation has disrupted the traditional HR office. It’s taking over jobs that involve high-risk factors and performing menial tasks with greater efficiency and consistency. HR automation can aid with:
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What is social distancing in the workplace?
Social distancing in the workplace is a government-mandated protocol designed to minimize the spread of COVID-19 in office settings.
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What is people management?
People management refers to the practice of recruiting, training, engaging, and retaining people to optimize their talent and maximize their productivity. People management strategies address people’s needs, unique talents, and career objectives while supporting their alignment with company goals and values.
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What is an absenteeism policy?
An absenteeism policy is a document that details company procedures regarding employee absences during scheduled work hours.
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What is Cost-of-living adjustment (COLA)?
A Cost-of-living adjustment (COLA) is a company-wide compensation increase that corresponds to a rise in the cost of living.
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What is employee net promoter score (eNPS)?
Employee net promoter score (eNPS) is a metric that assesses employees’ job satisfaction by measuring their readiness to recommend their company to others.
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What is an employee handbook?
An employee handbook is a manual that guides employees through their employment journey by explaining policies, procedures, expectations, and company culture.
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What is a career path ratio?
Career path ratio is an HR metric used to calculate an employee’s rate of growth, based on vertical and lateral movement within the organization.
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What is a company code of conduct?
A company code of conduct is a formal document that explains acceptable workplace behavior and practices to ensure employee alignment with company values and culture.
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What is a talent pool?
A talent pool is a selection of outstanding candidates or employees, trained to fill positions within a company.
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What is an attendance policy?
An attendance policy is a document that defines company rules of employee attendance, to reduce absences and encourage a productive work environment.
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What is employee burnout?
Burnout is the emotional and or physical exhaustion employees experience due to long term, incessant, work-induced stress.
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What is unpaid leave?
Unpaid leave refers to time off from work during which an employee retains their job, but does not receive a salary.
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