Soft HRM and Hard HRM

What are soft HRM and hard HRM?

Soft and hard HRM are two different approaches to Human Resource Management. Human Resource Management (HRM) is the strategic approach toward acquiring, hiring, training, engaging, and retaining personnel.

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HR Benchmarking

What is HR benchmarking?

Benchmarking is the process of comparing similar characteristics between or within businesses, identifying the most successful practices, and integrating them into the company procedure. After collecting data for comparison purposes, HR professionals can better determine the benchmark—the target they want to shoot for.

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HR Tech

What is HR tech?

HR tech (Human Resources technology) is a broad term that refers to the software and hardware technology used to automate essential HR functions. HR tech functions as co-pilot, helping HR professionals streamline time-consuming tasks.

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Performance Review

What is a performance review?

A Performance review is an in-depth assessment that managers conduct to gauge employee progress, strengths, and weaknesses, to help improve their productivity.

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Diversity Management

What is the meaning of diversity management?

Diversity management is an organizational process used to promote diversity and inclusion in the workplace. This process involves implementing policies and strategies in hiring, management, training, and more. The goals of diversity management are to promote fairness and equality and benefit from the advantages of a diverse organization.

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DEI&B

What is DEI&B in the workplace?

Diversity, equity, inclusion, and belonging (DEI&B) in the workplace are intertwined values that involve hiring individuals of different backgrounds and perspectives and wholeheartedly encouraging their participation.

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Employee Satisfaction

What is employee satisfaction?

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

What is pay parity?

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.

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HRIS-Glossary-banner

What is a human resource information system (HRIS)?

HRIS (Human Resource Information System) is a software that stores, manages, and tracks employee-related data.

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Core Company Values

What are core company values?

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.

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Employee Happiness

What is employee happiness?

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.

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HR Processes

What are HR processes?

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.

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Boomerang Employee

What is a boomerang employee?

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.

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Employee Wellbeing

What is employee wellbeing?

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

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Core HR

What is core HR?

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

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