What is employee retention rate? | HiBob

What is employee retention rate?

Employee retention rate is a metric that measures the percentage of employees who remain employed…

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What is compensatory time off?

Compensatory time off is paid time off that employees can accrue in return for working…

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What is social distancing in the workplace?

Social distancing in the workplace is a government-mandated protocol designed to minimize the spread of…

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People Management

What is people management?

People management refers to the practice of recruiting, training, engaging, and retaining people to optimize…

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What is an absenteeism policy?

An absenteeism policy is a document that details company procedures regarding employee absences during scheduled…

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What is Cost-of-living adjustment (COLA)?

A Cost-of-living adjustment (COLA) is a company-wide compensation increase that corresponds to a rise in…

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What is employee net promoter score (eNPS)?

Employee net promoter score (eNPS) is a metric that assesses employees’ job satisfaction by measuring…

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What is an employee handbook?

An employee handbook is a manual that guides employees through their employment journey by explaining…

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What is Career Path Ratio?

What is a career path ratio?

Career path ratio is an HR metric used to calculate an employee’s rate of growth,…

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What is a company code of conduct?

A company code of conduct is a formal document that explains acceptable workplace behavior and…

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What is a talent pool?

A talent pool is a selection of outstanding candidates or employees, trained to fill positions…

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What is an attendance policy?

An attendance policy is a document that defines company rules of employee attendance, to reduce…

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What is employee burnout?

Burnout is the emotional and or physical exhaustion employees experience due to long term, incessant,…

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What is unpaid leave?

Unpaid leave refers to time off from work during which an employee retains their job,…

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What is Remote Onboarding?

What is remote onboarding?

Remote onboarding is the process of incorporating a new employee into a company and familiarizing…

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