HR Glossary: Social Recruiting
Social recruiting refers to recruitment via social networks (social media). HR professionals can use social media channels such as LinkedIn, Twitter and Facebook for networking with potential employees. A distinction can be made between two approaches: actively talking to candidates via a social network (social distribution); and the passive placing of marketing campaigns (social profiling). Social distribution is used not only
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HR Glossary: Return on Training Investment (Training ROI)
Return on training investment (Training ROI) describes the relationship between investment and return in training and development. The figure is calculated as follows:
ROI in % = ((Benefits – Costs)/ Costs) * 100
The "benefit" is often difficult to quantify: for example, it may be based on knowledge, performance, motivation, willingness to
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HR Glossary: Qualifications
In HR management, qualifications are understood to be the professional expertise and social skills of an employee in relation to the job performed and area of work.
An employee's professional skills and qualifications include:
- Education and training
- Specialised knowledge (e.g. mathematical or language skills)
- Working techniques and methodology skills
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HR Glossary: Personnel Leasing
It is not just company cars that can be leased - staff can be as well, as required. As eloquent as it may sound, in principle it means nothing more than deploying temporary staff - or 'temping'.
By making use of temporary staff companies are able to react quickly and flexibly, particularly to seasonal variations. Instead of employing new staff on temporary or permanent contracts, a company can 'borrow' staff from a temping
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HR Glossary: Onboarding
The term "onboarding" refers to the successful integration of a new employee by the company. This does not only entail making the employee familiar with his or her tasks and responsibilities as quickly as possible, but also the best possible level of integration within the organisation and corporate culture, to create significant long-term added value to the company as a whole. Because of skills shortages and the resulting higher
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HR Glossary: Networker
The expression 'networker' is used colloquially at work to describe people who actively build, maintain and expand a network of contacts, with the aim of using these relationships for the benefit of their own career. Networking enables people to share information and support each other, independently of their own particular jobs and responsibilities.
It may involve a personal network of friends, colleagues, business
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HR Glossary: Mentoring
Mentoring describes the activity where an experienced person (mentor) passes on their professional knowledge and experience to a less experienced person (mentee), with the aim of supporting that person’s professional and personal development.
In a formal context, mentoring is a HR development instrument that aims to provide support outside of the normal superior-subordinate relationship. It involves passing on informal rules
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HR Glossary: Labour Costs
Labour costs (or personnel costs) are costs arising from the employment of staff in a company.
Salaries and wages generally represent the biggest cost factor; sometimes accounting for up to 50% of a company's total costs. All employees in an organisation - from trainee to managing director - are classified as personnel cost (personnel expenditure).
Freelancers and subcontracted workers however do not fall into this cost
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HR Glossary: KPI (Key Performance Indicator)
KPIs are business performance metrics designed to measure the success of specific work processes or the achievement of particular goals in a company. In HR it is possible to specify a series of KPIs, for example:
Proportion of new employees = Number of new employees in the period under review/Number of employees (headcount)
Cost of vacancy = Cost a specific unfilled vacancy per day
Cost per hire (CPH)
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HR Glossary: Job Distribution
Job distribution is understood by HR professionals as the strategic distribution of job advertisements between various jobsites and recruitment channels.
Job ads can be published manually on individual platforms. Alternatively, some applicant tracking systems (ATS) also offer a time-saving tool for clever job distribution: for example, a job ad can be posted simultaneously on all relevant job boards and social media
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