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The Compehensive Dictionary of HR Terms To Know [In 2024]

AIHR

HR term example: “Broadbanding offers flexibility in employee compensation and encourages people to develop new skills to move higher within the pay range.” Compa ratio Compa ratio , also known as a comparative ratio, is a metric that compares an individual’s or group’s salary to the midpoint of a defined salary range.

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Job Outlook for Human Resources (HR) in 2023

AIHR

Human Resources Information System ( HRIS ): A digital suite of tools to streamline and support HR functions, ranging from recruitment to performance management. HR data and analytics : Utilizes data from HRIS to make informed decisions, predict trends, and support organizational objectives.

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Human Capital Management (HCM) Software For Enterprises In 2022 & Beyond

Walk Me

Within their lifecycle, employees are recruited, onboarded, developed, and offboarded by their company. HCM goes beyond core HR processes by offering the tools for workforce management strategy, such as change management plans, leadership development, organizational development, and, crucially, employee engagement.

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

A handy resource to jump back to next time you encounter a cryptic acronym. ACR: Application Completion Rate The Application Completion Rate (ACR) is a recruiting metric that measures how many candidates who started a job application successfully completed it. Jump to: A B C D E F G H K L O P R S T V A 1.

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