HR Glossary: Personnel Leasing
Posted by CareerBuilder UK in Workplace Issues, HR Glossary, HR Management & Strategy | No Comment
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
...Read MoreKPIs Part 1: Time is money
Posted by CareerBuilder UK in Workplace Issues, Recruiting Workflow & Efficiency, HR Management & Strategy | No Comment
Statistics, analysis, key performance indicators, … Terms that make some recruiters break out in a hot sweat. That is why HR professionals are happy to ignore collecting various KPIs in recruitment. But, with the ever increasing 'war for talent', management accounting in HR is not only becoming increasingly important - it is now almost essential. Good enough reason for a new series in our blog. To kick off, the most important
...Read MoreHR Glossary: Onboarding
Posted by CareerBuilder UK in HR Glossary, HR Management & Strategy, Employee Retention | No Comment
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
...Read MoreHR Glossary: Networker
Posted by CareerBuilder UK in Workplace Issues, HR Glossary, HR Management & Strategy | No Comment
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
...Read More5 Myths about HR software
Posted by CareerBuilder UK in HR Technology Trends, HR software, HR Management & Strategy | No Comment
Not everyone is one of those technology enthusiasts that have to try out every new gadget immediately. When it comes to business software, there is sometimes a certain degree of scepticism when experts, analysts and users discuss new developments. But there are many theories, myths and misapprehensions about HR software doing the rounds. We have examined the five most important ones and show you what truth there is
...Read MoreHR Glossary: Mentoring
Posted by CareerBuilder UK in HR Glossary, HR Management & Strategy, Employee Retention | No Comment
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
...Read MoreHR Glossary: Labour Costs
Posted by CareerBuilder UK in HR Glossary, Labour market, HR Management & Strategy | No Comment
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
...Read MoreShould HR start to think more like marketers?
Posted by CareerBuilder UK in Workplace Issues, Communication, HR Management & Strategy | No Comment
It’s evident that HR departments are starting to think more and more like marketers. How effective is this morphing of department capabilities? And if they are practicing marketing techniques, should recruitment report into the marketing department? These are questions that are on the lips of many bloggers and commentators from both the marketing and HR specialisms. So we ask how can HR, recruitment and marketing blend to
...Read MoreHR Glossary: KPI (Key Performance Indicator)
Posted by CareerBuilder UK in HR Glossary, Big Data, HR Management & Strategy | No Comment
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)
...Read MoreHR Glossary: Human Resource Development
Posted by CareerBuilder UK in HR Glossary, HR Management & Strategy, Employee Retention | No Comment
Human resource development (HRD) concerns the specific support, training and development of all staff and teams (human capital) working in a company. It includes all measures for improving workflows within the organisation. As a rule, these are planned, organised and evaluated by the HR department. They are important for both employee motivation, developing employees' skills, and, not least, for reaching
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