Employee satisfaction refers to professionals' overall contentment regarding their company and job. A high level of employee satisfaction implies that the employer is meeting people's needs in various areas, such as compensation and benefits, co-worker and manager relationships, career opportunities, and infusing meaning into the workplace.
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Pay parity is the practice of paying people equitably. This means that those in the same job and location receive fair pay relative to each other regardless of their race, gender, sexuality, or any other identity. Specifically, the term refers to an effort to erase the gender pay gap between men and women in which women make, on average, less than men.
HRIS (Human Resource Information System) is a software that stores, manages, and tracks employee-related data.
Core company values are the main principles that guide companies in continuously prioritizing their mission, vision, and goals. Core values serve as an anchor for everyone, from CEOs to customer service success reps, steering them to make aligned, goal-oriented decisions.
Employee happiness is a fairly straightforward concept referring to the state of having a positive attitude and outlook on one’s work. Happy people are excited to go to their workplace. They enjoy what they do and the people they work with. They have high levels of employee engagement and job satisfaction.
HR processes refer to the fundamental strategies necessary to support the employee lifecycle and a positive employee experience. Each HR process follows an intricate pathway that demands strategic planning according to specific parameters and objectives. While every process involves its own procedures, all processes are interdependent.
A boomerang employee is a professional who leaves a company and is rehired at a later point to work in the same position or a different one. Boomerang employees follow a circular trajectory like the v-shaped throwing stick they are named after.
Employee wellbeing refers to a professional's holistic state of mental, emotional, and physical health. According to Gallup researchers, employee wellbeing includes five core components
Core HR is an umbrella term used to refer to three distinct things: The primary functions of a human resources department Basic data captured about employees The software used to enable the above two
A written warning is an admonition employers give staff members concerning behavior or performance issues. Typically, employers send a written warning only after giving one or more verbal warnings.
An HR dashboard is a management tool that visualizes and summarizes information, reports, and KPIs related to HR. It allows HR professionals to track and analyze metrics related to the performance of various initiatives and departments, helping with organization, reporting, decision-making, and gathering valuable insights.
A Human Resources Management System (HRMS) is a set of software applications that assists HR professionals in managing HR functions efficiently.
An employee value proposition, also called EVP, is the sum of all the benefits and rewards people receive in exchange for performance in the workplace. It’s essentially what you, as an employer, can offer in return for a person’s skills, experience, and abilities.
Affinity bias, also referred to as similarity bias, is the unconscious human tendency to gravitate toward other people with similar backgrounds, interests, and beliefs. While we may think that we actively make conscious choices to surround ourselves with people based on their character, the reality is that we aren’t very good at being objective when choosing who we like and want to be around. More often than not, people tend to gravitate towards others simply because they remind them of themselves.
Paid holidays are days of festivity or recreation when people can take a paid day off. These may be state, national, or religious holidays. US federal law does not require employers to pay their people for holiday days.
An employee directory is a resource dedicated to storing information about the members of an organization, including their names, job titles, and contact information. Some directories may also include other information such as biographies and fun facts.
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