What is Payroll software? - Payroll-Software-Glossary-banner.png

What is Payroll software?

Payroll software is a computer program that automates the payment process for greater efficiency and…

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What is employee engagement? - Employee-engagement-Glossary-banner.png

What is employee engagement?

Employee engagement refers to a professional’s motivation and commitment to perform high-quality work and contribute…

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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…

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What is a sabbatical leave?

A sabbatical leave is a career break, usually between one and three months, that enables…

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What is HR analytics?

HR analytics is a data-driven method of improving decisions that impact HR functions. HR analytics…

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What is due diligence?

Due diligence is the inspection of a business agreement to assess its integrity and the…

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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…

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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…

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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…

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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…

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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…

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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,…

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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…

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