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

AIHR

Just like HR acronyms and abbreviations , knowing how to employ HR terms is an integral part of working in human resources. It’s a handy reference to refer to the next time you encounter an unfamiliar term. This article unpacks 93 HR terms, including a usage example for each. ” 7. ” 15. ” 16.

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Employee Retention Metrics: Measuring the Key to a Thriving Workforce

Vantage Circle

Metrics also help quantify such efforts' return on investment (ROI). It refers to the percentage of employees who leave the company within a specific period. Comparing the cost of employee turnover before and after implementing an ATS will quantify its ROI in this regard. We can track employee turnover over a given period.

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10 HR Best Practices For Business Success in 2025

AIHR

This alignment has also been referred to as Strategic Human Resource Management. Commonly used selection instruments are structured and unstructured interviews, general mental ability tests, personality assessments, work tests, peer interviews, and reference checks. strive for best fit).

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Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. CHRO: Chief Human Resources Officer The CHRO is an organization’s HR and culture leader. They sit in the company’s executive team and are often also referred to as Chief People Officer.

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