Compensation & Benefits
A document showing an employee's earnings, deductions, and net pay for a specific pay period.
Pay slip
The act of permanently leaving the workforce, usually because of age or years of service.
Retirement
The rate at which employees leave an organization and are replaced by new employees.
Turnover
A state of physical, mental, and emotional exhaustion caused by prolonged workplace stress.
Burnout
An organization that represents employees and protects their rights and interests in the workplace.
Union
The amount of money an employee receives after taxes and deductions have been taken out.
Net Wage/Pay
A period of time during which a person is not employed.
Employment gap
Searching for candidates within an organization to fill a role.
In-house recruitment
A formal evaluation of an employee's work performance and achievements.
Performance appraisal
A formal complaint made by an employee about a workplace issue or concern.
Grievance
The total amount of money an employee earns before taxes and deductions in a calendar year.
Gross annual salary
The termination of an employee in a way that is considered unjust or not legally justified.
Unfair dismissal
A person's history of achievements, performance, or experience in a particular area.
Track record
A process that introduces new employees to the organization, its policies, and their role.
Orientation
A failure to fulfill the terms or obligations of a legally binding agreement.
Breach of contract
A structured range showing how much employees can earn in different positions or levels.
Pay scale
To formally inform an employer that you are leaving your job.
Hand in Notice
A small group of candidates selected for further consideration during a hiring process.
Shortlist
Training that takes place while employees perform their actual work tasks.
On-the-job training (OJT)
The act of reporting illegal, unethical, or unsafe activities within an organization.
Whistle-blowing
A legal process in which part of an employee's wages is withheld to pay a debt.
Garnishment
A temporary leave from work in which employees remain employed but do not work or receive regular pay.
Furlough
A company decision to temporarily stop hiring new employees.
Hiring freeze
The process of comparing performance, practices, or results against those of other organizations or industry standards.
Benchmarking
The theft or misuse of money or property by someone who has been trusted to manage it.
Embezzlement