HR Glossary

205 HR terms clearly defined — from Absenteeism to Zero-Hours Contracts.

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205
HR Terms Defined
21
HR Categories
25
Alphabet Letters
Showing 21 terms starting with P — Clear filters
P
Parental Leave
Leave entitlement for parents following the birth or adoption of a child.
Leave Management
P
Paternity Leave
Paid leave granted to the partner of a new mother following childbirth or adoption.
Leave Management
P
Pay Equity
Equal pay for employees who perform the same or similar work.
Compensation
P
Pay Grade
A defined pay range associated with a job level or band.
Compensation
P
Pay Period
The recurring interval at which employees are paid.
Payroll
P
Pay Review
A periodic assessment of employee salaries to determine adjustments.
Compensation
P
Pay Slip
A document provided to employees detailing their pay and deductions.
Payroll
P
PAYE
Pay As You Earn — the UK system for deducting income tax and National Insurance from pay at source.
Payroll & Benefits
P
Payroll
The system for calculating and distributing employee compensation.
Payroll
P
Pension
A retirement savings scheme funded by employer and/or employee contributions.
Payroll & Benefits
P
People Analytics
The use of data science to understand and improve workforce performance and decisions.
HR Analytics
P
Performance Appraisal
A formal evaluation of an employee's performance against objectives and competencies.
Performance Management
P
Performance Management
The ongoing process of setting goals, monitoring progress, and reviewing employee performance.
Performance Management
P
Performance Review
A formal meeting to discuss and evaluate an employee's performance over a period.
Performance Management
P
Personal Development Plan
An action plan for developing specific skills and achieving career goals.
Learning & Development
P
Probation Period
An initial period for assessing a new employee's suitability for a role.
HR Compliance
P
Profit Sharing
A scheme distributing a portion of company profits to employees.
Compensation
P
Provident Fund (EPF)
India's mandatory retirement savings scheme, funded by matched employee and employer contributions.
Payroll & Benefits
P
Pay Transparency
Openly sharing information about pay ranges and compensation decisions.
Compensation
P
People Operations
A modern, employee-centric approach to HR focused on enabling the workforce.
HR Strategy
P
Position Management
Tracking authorized headcount positions within an organization's structure.
HR Systems

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