Archives: Glossary Terms

What is the Utilization Rate? The utilization rate is a metric used to measure the efficiency and productivity of employees,…

What are Union Negotiations? Union negotiations involve discussions between employers and trade unions, representing a group of employees, with the…

What is Unconscious Bias? Unconscious bias refers to the automatic judgments or stereotypes that individuals hold without being aware of…

What is Values Alignment? Values alignment refers to the process of ensuring that an employee’s personal values are in harmony…

What is Voluntary Turnover? Voluntary turnover refers to the situation where an employee chooses to leave their current employer, typically…

What is a Vacation Policy? A vacation policy is a set of guidelines and rules governing how employees can request…

What is Virtual Onboarding? Virtual onboarding refers to the process of integrating new employees into an organization remotely. Unlike traditional…

What is Workplace Diversity? Workplace diversity refers to creating an environment that includes employees from various backgrounds, cultures, genders, ages,…

What is a Whistleblower Policy? A whistleblower policy is a formal procedure that enables employees to report misconduct, unethical behavior,…

What is Variable Pay? Variable pay refers to compensation that is contingent upon performance, typically beyond the standard base salary.…