What is learning and development? - Learning-and-development-Glossary-banner.png

What is learning and development?

Learning and development (L&D) is an HR process that enables employees to upgrade their competencies and thereby strengthen their company’s performance.

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What is a sabbatical leave?

A sabbatical leave is a career break, usually between one and three months, that enables employees to pursue personal goals, reflect, and rejuvenate.

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What is people analytics?

People analytics is a data-driven method that aims to improve business decisions regarding employees and customers. Rather than solely relying on instinct or anecdotal experience, people analytics provides HR leaders with comprehensive data to make evidence-based, strategic decisions.

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What is HR analytics?

HR analytics is a data-driven method of improving decisions that impact HR functions. HR analytics depends on the quality of the data collected from HR metrics, such as:

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What is due diligence?

Due diligence is the inspection of a business agreement to assess its integrity and the risks involved. Like preparing homework before an upcoming lesson, exercising due diligence equips the relevant parties with the information they need before entering into a business contract or mutual relationship.

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What is workforce analytics?

Workforce analytics is a method of monitoring and examining employees’ work productivity to improve workflow.

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What is Employee Development?

What is employee development?

Employee development is a process of educating employees so they can continue providing valuable contributions to their company.

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What is performance management?

Performance management is a comprehensive method of tracking employees' work performances and developing their skills so they can contribute optimally to department and company objectives.

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What is emotional intelligence in HR?

Emotional intelligence (EQ) is the ability to recognize and regulate emotions effectively.

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What is deferred compensation?

Deferred compensation is a remuneration model that enables employees to postpone receiving a portion of their salary to a later date to secure beneficial retirement and investment plans, and reduced tax rates.

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What is a 360-degree review?

A 360-degree review is a feedback system that enables designated staff members, colleagues, and managers to evaluate an employee’s work performance and competencies.

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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 the hybrid working model?

The hybrid working model is a work style that enables employees to blend working from different locations: home, on the go, or in the office.

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What is an HR functions list?

An HR functions list is a guide that defines the core responsibilities of HR professionals, summarizes their priorities, and clarifies their mission. An HR functions list: Specifies the HR department’s role in the workplace Promotes positive collaboration between HR professionals  Aligns HR’s objectives with the company’s mission Why would we need an HR functions list? HR staff fills a variety of dynamic roles that demand different skills. Consolidating the many HR functions into a list can encourage HR professionals to focus on their collective workplace purpose, especially amidst the continuous…

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What is employee retention rate? | HiBob

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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