This dictionary provides an overview of essential terms used in the recruitment process.
General Terms:
- Recruitment: The process of attracting, screening, and selecting qualified candidates for a job opening.
- Applicant: An individual who submits an application for a job opening.
- Candidate: A qualified applicant who is shortlisted for further consideration in the recruitment process.
- Candidate Experience (CX): The overall experience a candidate has throughout the recruitment process, from initial contact to offer or rejection.
- Job Description: A document outlining the duties, responsibilities, qualifications, and skills required for a job opening.
- Job Posting: An advertisement for a job opening, typically placed online or in relevant publications.
- Sourcing: The process of identifying and attracting potential candidates for a job opening.
- Screening: The initial evaluation of candidates to shortlist those who meet the basic qualifications.
- Interview: A structured conversation between a recruiter or hiring manager and a candidate to assess suitability for a job.
- Selection: The process of choosing the most qualified candidate for a job opening.
- Onboarding: The process of integrating a new employee into a company and its culture.
Recruitment Technology:
- Applicant Tracking System (ATS): Software used to manage the recruitment process, including storing resumes, tracking applications, and scheduling interviews.
- Boolean Search: A search strategy utilizing keywords and operators (AND, OR, NOT) to find relevant candidates on online platforms.
- Social Recruiting: Using social media platforms to find, attract, and engage with potential candidates.
Recruitment Strategies:
- Talent Pool: A database of potential candidates who have expressed interest in working for a company or have been identified as suitable for future openings.
- Employee Referral Program: A program that incentivizes existing employees to refer qualified candidates from their network.
- Diversity & Inclusion (D&I) Recruiting: Strategies and practices that ensure a diverse and inclusive pool of candidates is considered throughout the recruitment process.
Compensation & Benefits:
- Salary: The fixed amount of money an employee receives for their work, typically paid monthly or bi-weekly.
- Benefits: Additional compensation offered by employers, such as health insurance, paid time off, and retirement plans.
- Signing Bonus: A one-time payment offered to a candidate to incentivize them to accept a job offer.
Additional Terms:
- Headhunting: The practice of actively searching for qualified candidates, often for senior-level positions.
- Headcount: The total number of employees authorized for a company or department.
- Offer Letter: A formal document outlining the terms and conditions of employment offered to a candidate.
- Counteroffer: An offer from a candidate’s current employer to prevent them from leaving for a new position.
This dictionary serves as a starting point for understanding recruitment terminology. The specific terms and their nuances may vary depending on the industry and company size.