HR Glossary

HR terminology for experts, by experts.

The 12 Most Important Metrics in Recruiting
HR Glossary

The 12 Most Important Metrics in Recruiting

The Most Important Metrics in Recruiting Very few companies appreciate the power of statistics. According to a study, less than 10% of HR departments in Germany use Key Performance Indicators (KPIs) to measure the success of their recruiting strategies. Yet, Talent Acquisition specialists can gain many important insights from recruiting data. Companies that check the

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Personalbeschaffung-Definition-Beispiele-und-Masnahmen
HR Glossary

Recruiting: Definition, Examples and Measures

Skilled labour shortage remains the biggest hurdle to companies’ growth even in these pandemic times. Studies show that around two thirds of UK companies find it hard to attract and hire qualified and experienced candidates. So, what are the best measures to address this issue and ensure companies’ long term success? What Does Recruitment Mean?

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Employee Retention: Why Is It So Important, Especially Now?
HR Glossary

Employee Retention: Why Is It So Important, Especially Now?

A high turnover rate – so that is employees staying at a company for only a short time – costs companies a lot of resources. That’s because finding new employees is more expensive than retaining the current ones! This is precisely why employee retention is one of the essential pillars of a company’s success. What

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Employee bonuses in referral recruiting
HR Glossary

Employee Bonuses in Recruiting: What Is the Difference Between Monetary and Non-Monetary Rewards?

Why are Employee Bonuses Essential in Referral Recruiting? Employee bonuses are an essential part of employee referral programs. Due to the shortage of skilled workers, experienced professionals are worth their weight in gold in some industries. That is why many companies rely on employee referral programs. Employees refer friends and acquaintances that they consider suitable

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E-Recruiting_Definition_&_Tips
HR Glossary

E-Recruiting: Definition & Tips

What is E-Recruiting? E-recruiting refers to employee search and recruitment via the internet. Ideally, companies use designated software for recruiting, making the recruiting process easier both for TA and applicants. Applicants should simply enter their data and resumes via a designated form to apply for an open job. The gathered applications will then flow directly

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Employee Experience: Definition & Tips for Successful Implementation
Blog & Articles

Employee Experience: Definition & Tips for Successful Implementation

Employee Experience, that is what employees experience daily in their working environments, affects how they interact with customers, their productivity, and ultimately, the company’s achievements overall. That is why it is so important to motivate your employees and create an inspiring work experience day in and day out. “Employees first” is the motto.

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Diverse Workforce: the image represents diverse employees joining hands
HR Glossary

What Is Diversity Management and How To Achieve It

Diversity Management   Universal Declaration of Human Rights prohibits any kind of discrimination. However, the reality of the labour market is different and contrary to market-based principles. But there are reasons why ethnically diverse and inclusive companies are three times more successful. They manage to attract and retain the top applicants. Diversity Management is therefore

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HR Glossary

What is Talent Management? The Model, Strategy and Process

Talent Management Today, business strategies are fundamentally shifting. Competition for talent is fierce, and the economy has become more specialized than ever before. As a result, many employees are not replaceable, and businesses have to go out of their way to retain them. The only way organizations can compete in the modern world is by

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HR Glossary

Applicant Tracking: A Systematic Approach to Good Employees

Applicant Tracking Systems Applicant tracking systems are HR software that helps to make it easier for HR managers to deal with applicants. Essentially, this software makes the recruiting process efficient and cost-saving by automating the tracking of the candidates throughout their candidate journey. What Is an Applicant Tracking System? An Applicant Tracking System (ATS) is

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