What is a payroll cycle?

What is a payroll cycle?

A payroll cycle is an administrative process of paying employees recurring compensation.

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What is a performance development review?

What is a performance development review?

A performance development review (PDR) is a regularly scheduled process where a person’s past and current performance is examined and evaluated. It can happen as frequently as once a month or as infrequently as once a year.

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What is employee experience?

What is employee experience?

Employee experience (EX) encompasses the entire employee lifecycle from the hiring period to termination and everything in between. The employee experience is multi-dimensional, involving the everyday interactions, duties, assignments, achievements, and setbacks of a job. Josh Bersin identifies the six elements of a well-rounded employee experience: Meaningful workStrong managementPositive workplaceHealth and wellbeingGrowth opportunitiesTrust in the organization Why should HR leaders care about employee experience? People need some sort form of motivation to show up and work hard. A solid paycheck and job security were enough to motivate earlier generations, but…

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What is Zoom fatigue?

What is Zoom fatigue?

Zoom fatigue is the tiredness people experience following excessive work-related video conferencing. Zoom fatigue emerged during the upsurge in Zoom usage following the COVID-19 social distancing protocols. Zoom fatigue isn’t an official medical term. But, it's real and causes people to feel: Drained of strength and energyReduced concentration and mindfulness Stress, anxiety, loneliness, or depression Burnout Why should HR leaders care about Zoom fatigue? Without a doubt, Zoom offers a convenient manner of communication, allowing individuals to meet online with co-workers while working from home. Yet, video conferencing can hinder fundamental forms…

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What is a performance appraisal?

What is a performance appraisal?

A performance appraisal, also known as a performance review, is a routine evaluation of an employee's progress and achievements. Generally, people dread the annual performance appraisal. It's often anxiety-inducing and can leave people feeling unmotivated to perform high-quality work. Recent trends, however, have spurred companies to implement more frequent performance appraisals (quarterly, for example) that provide constructive criticism and practical guidance to support employee success. Why should HR leaders care about performance appraisals? The new and improved performance appraisals function as performance benchmarks and allow team members to receive consistent,…

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What is talent analytics?

What is talent analytics?

Talent analytics is a method of utilizing employee data to promote intelligent workforce planning and business decisions. As an evolving field, talent analytics enables HR professionals to collect, analyze, and report data concerning employees and candidates to improve HR functions. Organizations rely on HR software to assist in the various forms of talent analytics, such as Algorithm-based candidate screening to source new hiresAutomated pulse surveys to gauge employee engagementPrediction of the likelihood of employee turnover Why should HR leaders care about talent analytics? With AI tech permeating every corner of…

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Performance management cycle

What is a performance management cycle?

A performance management cycle is a method of guiding employees to enhance their productivity and work quality. The performance management cycle integrates ongoing support, feedback, and evaluations to facilitate employee growth that aligns with the company’s business goals. The cycle includes four components: Planning involves establishing a development plan, measurable company objectives, employee goals, and essential behaviors for success.Monitoring includes meetings and reassessments to ensure that people continually progress. Reviewing occurs at the end of the annual or biannual cycle to enable employees and management to evaluate the process and the…

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What is on-the-job training (OJT)?

What is on-the-job training?

On-the-job training (OJT) is the process of providing practical instruction to employees as they engage in experiential learning in their jobs. In OJT, people may take time to observe more experienced co-workers, perform duties under the guidance of a designated individual, or engage in a company learning and development program. In a sense, every job demands some form of on-the-job training. Typically, however, OJT is prevalent in jobs that require hands-on work, the usage of power tools and machinery, or among people learning to use a new system or tech…

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What is a skills gap?

What is a skills gap?

A skills gap is the difference between an individual's knowledge level and the required criteria for the position.

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What is HR Software? - HR-software-banner.png

What is HR Software?

HR software is a digital solution designed to assist HR professionals in managing people throughout the employment lifecycle. HR software offers tools for: Streamlining administrative work Organizing people data Data sharing and collaboration Giving real-time feedback on pressing issues Facilitating an aesthetic, user-friendly online community HR software can be on-premise or cloud-based. In addition, some HR software offers an all-inclusive platform, while other systems such as an HRIS, Applicant Tracking System, or payroll software, provide more specific services. Why should HR leaders care about HR software? Due to the increase in tech automation, HR…

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What is a job description? - Job-description-global-image.png

What is a job description?

A job description is a written explanation that outlines the essential responsibilities and requirements for a vacant position. Job descriptions should be thorough, clear, and concise and include:  A brief introduction to the company and its missionAn overview of the job responsibilities  The necessary skills, competence levels, knowledge, and qualificationsTesting that the company may require Environmental factors or strenuous components of the jobThe type of employment—full-time, part-time, or independent contractor Why should HR leaders care about job descriptions? Job descriptions are an indispensable tool. A crystal-clear job description enables HR to: Define…

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What is salary benchmarking? - Salary-benchmarking-Glossary-banner.png

What is salary benchmarking?

Salary benchmarking is the process of evaluating a company’s internal job salaries based upon their external value. Salary benchmarking involves analyzing the main components of each position and comparing these positions to similar jobs in other companies. Organizations primarily rely on compensation surveys, government labor databases, and the assistance of compensation consultants for accurate job market data. Why should HR leaders care about salary benchmarking? Salary benchmarking helps compensation managers create competitive salaries. Though compensation isn’t the only important aspect of a job, it's obviously an essential factor, as everyone…

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What is workplace bullying? - Workplace-bullying-banner.png

What is workplace bullying?

Workplace bullying refers to repeated abusive behavior that is demeaning or threatening and damages the targeted individual's wellbeing. Some examples of workplace bullying include:  Sabotaging an employee's project Ruining a coworker's social statusIntentionally spreading rumorsExclusion from meetingsVerbal attacks While workplace bullying can take many different forms, typically, the perpetrator aims to callously instill the targeted person with a feeling of victimhood and a sense of powerlessness.  Why should HR leaders care about workplace bullying? Individuals naturally think differently and have their own prejudices and perspectives, so friction between coworkers, in a…

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What are exempt and non-exempt employee statuses? - Exempt-and-non-exempt-employee-status-Glossary-banner.png

What are exempt and non-exempt employee statuses?

Exempt and non-exempt employee statuses are taken from the FLSA (Fair Labor Standards Act) employee classification system. Exempt employees earn a salary, not an hourly wage. They are exempt from receiving overtime pay and cannot qualify to receive it. Exempt employees make a minimum of $35,568 a year and are generally skilled professionals working in white-collar positions. Doctors, lawyers, accountants, HR managers, and engineers, for instance, qualify as exempt. The different types of exemptions include: Outside salesHighly-compensated employeesComputerProfessionalAdministrativeExecutive Non-exempt employees, in contrast, earn hourly wages. Non-exempt employees must receive minimum…

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What is unconscious bias in the workplace? - Unconscious-bias-banner.png

What is unconscious bias in the workplace?

Unconscious bias in the workplace refers to the human tendency to form opinions about others in the office without having enough relevant information. Bias can stem from stereotypes, preconceived notions, past experiences, or gut instinct. Unconscious bias occurs when an individual is unaware of a prejudice. For instance, a manager may tend to favor people with a similar educational background—without realizing it. Why should HR leaders care about unconscious bias in the workplace? Through aspiring to turn unconscious bias into conscious bias, people can build an awareness of their thinking…

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