An employment agency is a public or private organization that provides services for individuals seeking employment and for potential employers seeking employees.
An examination given by businesses to prospective employees to aid in the selection process. Examples include written tests of technical abilities, performance exams, and psychological evaluations.
An executive search firm, also known as a headhunter, is a specialized recruitment service that seeks out and hires top-level management and executive talent for companies across various industries.
A Golden Hello is a financial incentive offered to a potential new employee to entice them to join a company, often provided in industries where talent competition is fierce.
A process where individuals are interviewed collectively, either to gather opinions or as a method of evaluating potential employees in a collaborative setting.
Human resources refer to the personnel pool available to an organization. They are considered the most crucial resources within any organization, ensuring that the right number and kind of people are available at the right time and place to meet organizational needs.
Human Resources Management (HRM) represents an evolution from traditional personnel management, placing emphasis on leveraging an organization's human resources to achieve strategic goals. HRM encompasses recruitment, compensation, employee relations, and policy development to maximize employee performance and satisfaction.
An interview is a structured conversation between two or more people conducted with the aim of gathering information for purposes such as guidance, counseling, treatment, or employment.
Interviewer bias refers to the influences resulting from the personal prejudices of the individual conducting an interview. It is crucial in shaping the initial impression formed about a candidate.
Job analysis is the process of organizational analysis of a job to determine the responsibilities inherent in the position as well as the qualifications needed to fulfill its responsibilities. It is essential when recruiting to locate an individual having the requisite capabilities and education.
A job bank is a data repository that contains job listings categorized by various criteria, typically hosted on a computer. It is commonly used by employment agencies and large organizations to enhance job-seeking and hiring processes.
Job placement involves the process of matching individuals' skills and qualifications with suitable employment opportunities, ensuring an optimal fit between management's needs and employee capabilities.
A job specification is a detailed description outlining the skills, education, and experience required for a particular position.
A labor pool refers to a source of trained personnel from which prospective workers are recruited.
A social media platform mainly used for professional networking, launched in 2003 and became a public company in 2011. It's an essential platform for making business contacts, finding jobs, and sourcing job candidates.
Multilevel Marketing (MLM) is a strategy used by some direct sales companies to encourage existing distributors to recruit new distributors by paying them a percentage of their recruits' sales. This builds a pyramid-like financial structure.
Multilevel Marketing (MLM) is a system of retailing where consumer products are sold by independent businessmen and women, often known as distributors. These distributors are encouraged to build and manage a sales force, with their compensation based on both personal sales and the sales of their recruited team.
Personnel Administration, now commonly referred to as Human Resources (HR) Administration or HR Management, involves the study and practice of managing an organization's human resources.
The process of identifying, attracting, interviewing, selecting, hiring, and onboarding employees for an organization. Recruitment is essential for sustaining an organization's workforce and ensuring its growth and development.
A recruitment bonus is a monetary incentive provided by employers or employment agencies to those who help find qualified candidates for job positions, particularly in fields experiencing a shortage of skilled professionals.
A referral is a formal recommendation by one person to another, advising the use of a particular person, company, or service for specific needs. The term is commonly used in diverse professional contexts, such as business, healthcare, and employment.
An upfront payment made to employees as part of the cost of obtaining their services. Often used in competitive job markets to attract top talent.
