HR Policy
Definition: A set of formal guidelines and rules established by an organization to govern employee conduct, workplace procedures, and operational standards, ensuring consistency and legal compliance.
Human Resource Glossary
This comprehensive Human Resource (HR) Glossary defines key terms and concepts commonly used by HR professionals. Designed as a go-to reference, it provides clear definitions, actionable insights, and practical benefits to enhance understanding and application. We encourage you to explore, share, and use this glossary as a resource. If there are terms you’d like to see included, please contact us, and we’ll consider them for our next update.
Payroll Management
Definition: The process of accurately calculating, distributing, and reporting employee compensation, including salaries, benefits, and deductions, while ensuring compliance with labor laws and tax regulations.
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Learning & Development
Definition: Initiatives aimed at enhancing employees’ skills, knowledge, and competencies to support both individual growth and organizational objectives.
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Employee retention
Definition: Strategies and practices designed to reduce turnover by improving job satisfaction, fostering engagement, and addressing employee needs effectively.
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Diversity and Inclusion
Definition: Organizational strategies and practices aimed at creating a workplace that values diverse perspectives and ensures equitable opportunities for all employees, regardless of their background or identity.
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HR Analytics
Definition: The use of data-driven methods and tools to analyze, interpret, and optimize human resource functions, including recruitment, performance management, and employee retention.
Labor law compliance
Definition: Ensuring adherence to employment regulations governing wages, working hours, safety standards, and employee rights within a specific jurisdiction.
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Workforce Planning
Definition: A proactive strategy that ensures an organization has the right people, with the right skills, in the right roles, at the right time to meet its objectives.
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Talent acquisition
Definition: A strategic process aimed at identifying, attracting, and hiring top talent to meet an organization’s current and future needs.
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Onboarding
Definition: A structured process designed to integrate new employees into an organization by equipping them with the tools, knowledge, and cultural understanding needed to succeed in their roles.