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.
Organizational structure is the system by which an organization directs its activities in order to achieve its goals. It can include various elements, including rules, roles, and responsibilities. Organizational structure determines the flow of work and information through a company and its levels.
Employee tenure, or job tenure, is the length of time a person has worked for a particular employer. HR professionals usually categorize job tenure into two groups: long and short. Some employers view tenure as an essential criterion for hiring new people.
A merit increase is a salary raise granted to an employee for outstanding work performance or achievements. Eligibility for a merit increase is based on a company’s budget, internal criteria, merit metrics system, and the employee’s value in the job market.
Compensation management is the process of managing analyzing and determining the salary, incentives, and benefits each employee receives.
Employee turnover is an HR metric that measures the rate at which employees leave their jobs, voluntarily or involuntarily, over a specific duration of time.