Human Resources Vocabulary

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Company Culture

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The shared beliefs, values, goals, attitudes, and behaviors of a company’s employees; a company culture combines employee feelings about their work with how it motivates them to serve the company’s mission.

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Company Values

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What a company believes, its business practices around how teammates treat one another, and how the company treats its customers.

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Compensation

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The total cash and benefits that an employee receives in exchange for their work performed for the organization.

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Exit Interviews

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A conversation a company has with an employee who is leaving the company, to find out the reason for the decision, and to use this information for future improvement.

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Human Resources

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Refers to the people who work in an organization, and the group that staffs the organization, maintains personnel records, and administers benefits like medical insurance.

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Job Description

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Explanations and expectations of the duties and responsibilities of a job.

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Onboarding

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A strategic plan and process for new employees to learn the company’s culture, mission, vision, systems, processes, goals and expectations, and become contributing members of the team.

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Orientation

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A process in which new hires are introduced to a company, their fellow employees, and the work environment.

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Professional Development (“PD”)

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Ongoing training and education that an individual takes to enhance or improve the skills or traits necessary to excel in their career/profession.

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Recruiting

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The active searching for the appropriate candidates to fill open positions within an organization.