Glossary

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What is employee development?

Employee development is a process of educating employees so they can continue providing valuable contributions to their company.

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What is emotional intelligence in HR?

Emotional intelligence (EQ) is the ability to recognize and regulate emotions effectively.

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What is deferred compensation?

Deferred compensation is a remuneration model that enables employees to postpone receiving a portion of…

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What is a 360-degree review?

A 360-degree review is a feedback system that enables designated staff members, colleagues, and managers…

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What is a confidentiality agreement?

A confidentiality agreement, also known as a non-disclosure agreement (NDA), is a binding contract between…

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What is an HR functions list?

An HR functions list is a guide that defines the core responsibilities of HR professionals,…

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What is employee retention rate?

Employee retention rate is a metric that measures the percentage of employees who remain employed…

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What is compensatory time off?

Compensatory time off is paid time off that employees can accrue in return for working…

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What is social distancing in the workplace?

Social distancing in the workplace is a government-mandated protocol designed to minimize the spread of…

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What is people management?

People management refers to the practice of recruiting, training, engaging, and retaining people to optimize…

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What is an absenteeism policy?

An absenteeism policy is a document that details company procedures regarding employee absences during scheduled…

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What is Cost-of-living adjustment (COLA)?

A Cost-of-living adjustment (COLA) is a company-wide compensation increase that corresponds to a rise in…

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What is employee net promoter score (eNPS)?

Employee net promoter score (eNPS) is a metric that assesses employees’ job satisfaction by measuring…

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What is an employee handbook?

An employee handbook is a manual that guides employees through their employment journey by explaining…

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What is a career path ratio?

Career path ratio is an HR metric used to calculate an employee’s rate of growth,…

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What is a company code of conduct?

A company code of conduct is a formal document that explains acceptable workplace behavior and…

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