What is total remuneration? Definition: Total remuneration refers to the complete package of compensation provided to an employee, encompassing all forms of financial rewards and benefits. This comprehensive package goes beyond just the base salary to include various other forms of compensation. The concept of total remuneration is important for both employers and employees, as […]
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Total Compensation refers to the complete package of financial and non-financial benefits provided by an employer to an employee in exchange for their work. It includes not only the base salary but also other benefits like bonuses, health insurance, retirement contributions, paid time off, and other perks. Key Elements of Total Compensation: Base Salary: The fixed
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What is a TN Visa? Definition: The TN (Trade NAFTA) visa is a non-immigrant work visa created under the North American Free Trade Agreement (NAFTA), now succeeded by the United States-Mexico-Canada Agreement (USMCA). This visa allows qualified Canadian and Mexican citizens to work in the United States in specific professional occupations. Key Features and Eligibility
Time to Hire Definition: Time to Hire is a recruitment metric that measures the time taken to process an applicant from the moment they apply or are sourced until the time they accept the job offer. It gauges the efficiency of the hiring process. It’s an important metric because prolonged hiring times can lead to
What is time to fill? Definition: Time to fill is a recruitment metric that measures the amount of time it takes to fill a job position, from the moment the job requisition is opened until a candidate accepts the job offer. This metric is crucial in understanding the efficiency and effectiveness of the recruitment process. It
Temporary Recruiter Definition: A temporary recruiter is an individual or agency responsible for finding and hiring temporary staff for a company. These recruiters focus on filling positions on a short-term basis, which could be to cover employee absences, seasonal workload increases, or specific short-term projects. Temp recruiters work closely with companies to understand their temporary staffing
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What is a technical interview? Definition: A technical interview is a type of job interview primarily used to assess a candidate’s technical skills and knowledge, especially in fields like information technology, engineering, science, or any role where specific technical proficiencies are necessary. The main purpose of this interview is to ensure the candidate has the
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What is a tech recruiter? Definition: A tech recruiter is a professional specializing in sourcing, attracting, and hiring talent for technology-based positions within an organization. This role can exist within the human resources department of a company, at a staffing agency, or as an independent consultant. Tech recruiters are tasked with filling roles that require
What is a talent pool? Definition: A talent pool refers to a database or reserve of candidates who possess the skills, experience, and qualities that align with an organization’s current and future staffing needs. This concept is crucial in strategic talent acquisition and management, as it enables organizations to proactively identify, engage, and nurture relationships
What is a Talent Network? Definition: A talent network is a community of individuals who have shown interest in working for an organization, often by signing up to receive updates about job opportunities, company news, and career-related content. These individuals may include past applicants, current employees, industry professionals, and potential candidates who want to stay
