Learn more about our recruiting strategies and terminology with this handy guide!
Active Job Searching: This is the initial step in the recruitment process, regardless of qualification or skillset. This action occurs when someone is currently seeking a new job and putting forth the effort to secure new employment; either via responding to job postings or contacting recruitment agencies.
Blended Workforce: A workforce comprised of permanent full-time, part-time, temporary employees and independent contractors.
Cost-Per-Hire: The average costs incurred when recruiting and hiring new employees. Usually, the equation is total recruitment costs divided by total number of new hires. Components of this measurement include job board fees, skills assessment, interviewing expenses, referral bonuses, relocation costs, recruitment staff compensation and pre-employment screening.
Direct Placement: When job seeker and prospective employer are brought together for the purpose of a permanent employment relationship.
Employee Retention: Good working practices intended to generate a work environment that makes employees want to stay with the organisation, thus reducing turnover.
Fixed Term Employment: An employee agrees to work for a fixed amount of time – usually until a specified end date or upon completion of a project.
Generation X: The term used to describe individuals born between 1965 and 1980.
Human Capital Management: The challenge of recruiting and retaining qualified candidates and assisting new employees as they adjust to their new company. Benefits of Human Capital Management include Recruitment, Compensation, Training and Benefits.
Internal Recruiter: An internal recruiter who works in the Human Resources department of a specific company.
Job Analysis: The process of gathering information about the requirements and skillset of a particular position – for the purpose of creating a job description.
Keywords: A word or term relevant to the job being searched.
Labour Market: A geographical region where employers find workers and workers find work (also known as labour transactions).
Myers-Briggs Personality Type Indicator: A personality test that categorises people into four personality types: 1) Extroversion or Introversion 2) Sense or Intuition 3) Thinking or Feeling 4) Judging or Perceiving.
Non-Compete Agreement: A contract between an employee and an employer where the employee agrees not to enter into competition with the employer.
Onboarding: The process by which new hires at a company are brought on board with company objectives and culture. This customization to the organisation includes training, assessment and follow-up.
Passive Candidate: A qualified candidate for employment who isn’t looking for a new job, however may be interested if the right opportunity presented itself.
Quality: The focus on hiring quality candidates by creating a structured recruitment strategy, comprising accurate job descriptions, effective interview practices and a candidate experience plan.
Recruitment Plan: A pre-arranged strategy that identifies the goals for a particular position and typically includes the recruitment announcement, recruiting timeline, advertising plan, interview schedule, assessment tools, background checks, interview plans and references.
Supplemental Staffing: The provision of temporary workers to a company to supplement the workforce for worker absences or special projects.
Talent Management: The process of recruiting, managing, assessing, developing and maintaining employees within an organisation.
Understanding Candidates: Building talent pools to engage with your audience on social media.
Vacancy: An unoccupied position or job within an organisation.
xecutive Level: The highest-level executives in senior management that usually have titles beginning with ‘Chief’ forming what is often called the C-Suite. The traditional three such officers are Chief Executive Officer (CEO), Chief Operations Officer (COO), and Chief Financial Officer (CFO).
Work-life Balance: The attempt to balance work and personal life in order to have an overall better quality of life and feeling of satisfaction within both realms.
Youtube: An effective social media channel for recruiting and for building your brand and showcasing your services.
Generation Z: The term used to describe individuals born between 1990 and 2000.