Archives: Glossary Terms

What is a Termination Policy? A termination policy outlines the procedures and guidelines an organization follows when ending the employment…

What is Team Building? Team building refers to the process of developing and improving the effectiveness of a team. It…

What is Talent Acquisition? Talent acquisition refers to the process of identifying, attracting, recruiting, and hiring skilled candidates to meet…

What is Salary Benchmarking? Salary benchmarking, also known as compensation benchmarking, is the process of comparing an organization’s salary structure…

What is Social Learning? Social learning is a process in which individuals acquire knowledge and skills through observation, interaction, and…

What is Skills Gap Analysis? Skills Gap Analysis is the process of identifying the difference between the skills employees currently…

What is Strategic HR Management? Strategic HR Management (SHRM) refers to the proactive approach of aligning human resource policies and…

What is Succession Planning? Succession planning is the process of identifying and developing potential leaders or successors for key roles…

What is Succession Planning? Succession planning is a proactive process of identifying and developing future leaders within an organization to…

What is a Retention Strategy? A retention strategy refers to the efforts made by an organization to retain its employees,…