Glossary

HR glossary on redundancy pay with modern design elements and abstract red shapes. Clean, professional layout. Redundancy pay, HR glossary

What is redundancy pay?

Redundancy pay is the financial compensation that employers offer employees when removing their positions from the organizational structure.  Ideally, organizations will always need all their employees-- recruiting, hiring, and training new people is a significant investment, after all. However, external…

read more >
HR glossary highlighting

What is maternity leave?

Maternity leave is time-off that an employer provides an employee upon giving birth to a…

read more >
HR glossary design featuring 'Change management model' in bold text with abstract red shapes on a light background, Visual representation of HR concepts focusing on change management with minimalistic graphics.

What is a change management model?

A change management model is a system that strategically assists companies in navigating through periods…

read more >
HR glossary graphic featuring

What is cost per hire?

Cost per hire (CPH) is a recruitment metric that companies use to determine the expense…

read more >
HR glossary graphic featuring

What is a new hire probationary period?

A new hire probationary period is the first stage of employment, during which an employee…

read more >
HR glossary title

What is statutory sick pay?

Statutory sick pay (SSP) is a U.K.-government mandated compensation that employers pay to employees who…

read more >
HR glossary highlighting

What is mindfulness in the workplace?

Mindfulness in the workplace is an awareness of thoughts, emotions, and actions that enables an…

read more >
HR glossary header featuring the term

What is employee motivation?

Employee motivation is a staff member's enthusiasm and eagerness to contribute quality work to their…

read more >
employee wellness program, HR glossary with abstract orange shapes on a light background

What is an employee wellness program?

An employee wellness program is a benefits system designed to help personnel maintain physical, emotional,…

read more >
HR glossary title highlighting

What is payroll software? | HiBob

Payroll software is a computer program that automates the payment process for greater efficiency and…

read more >
HR glossary featuring

What is employee engagement?

Employee engagement refers to a professional’s motivation and commitment to perform high-quality work and contribute…

read more >
HR glossary header with

What is learning and development?

Learning and development (L&D) is an HR process that enables employees to upgrade their competencies…

read more >
HR glossary on

What is a sabbatical leave?

A sabbatical leave is a career break, usually between one and three months, that enables…

read more >
HR glossary title with

What is HR analytics?

HR analytics is a data-driven method of improving decisions that impact HR functions. HR analytics…

read more >
HR glossary highlighting

What is due diligence?

Due diligence is the inspection of a business agreement to assess its integrity and the…

read more >
HR glossary term

What is workforce analytics?

Workforce analytics is a method of monitoring and examining employees’ work productivity to improve workflow.

Read more >