Talent management Definitions

  • M

    Monster Worldwide

    Monster Worldwide is an online recruiting company that connects applicants with employers. The company is noted for its flagship site, Monster.com.

  • N

    nine-box grid

    The nine-box grid is a human resource management (HRM) tool used by supervisors to rate the performance and potential of employees.

  • O

    OKRs (Objectives and Key Results)

    OKRs (Objectives and Key Results) is a strategy that encourages an employee to set a goal that is closely aligned with organizational goals and identify three quantifiable actions that will help the employee to reach the goal.

  • P

    passive candidate

    A passive candidate is a person who is not actively searching for a job.

  • performance and accountability reporting (PAR)

    Performance and accountability reporting (PAR) is the process of compiling and documenting factors that quantify an institution's profitability, efficiency and adherence to budget, comparing actual results against original targets.

  • performance management software

    Performance management software is designed to improve business performance by spurring employee productivity.

  • R

    recruiter

    A recruiter is someone who is responsible for finding job candidates, managing candidate communications and facilitating the hiring process.

  • recruitment management system

    A recruitment management system (RMS) is a set of tools designed to manage the recruiting process.

  • recruitment marketing

    Recruitment marketing is the process of building an organization's employer brand to attract top talent.

  • reference checking software

    Reference checking software is programming that automates the process of contacting and questioning the references of job applicants.The entire process occurs on the Internet and may be used independently or integrated with an applicant tracking system.

  • S

    social recruiting

    Social recruiting is a method of talent acquisition where recruiters source job candidates and/or publicize open positions via social media.

  • social sourcing

    Social sourcing, also called social recruiting, is a type of e-recruitment in which recruiters and HR managers search for job candidates by using social media sites. It can also refer to the process of gathering referrals from employees to staff a position or to posting an opening on social media websites. 

  • succession planning

    Succession planning is the process of developing talent to replace executive, leadership or other key employees when they transition to another role, leave the company, are fired, retire or die.

  • T

    talent acquisition

    Talent acquisition refers to the process employers use for recruiting, tracking and interviewing job candidates, and onboarding and training new employees.

  • talent activation

    Talent activation is a human resources strategy for improving team leadership and workgroup collaboration that involves using surveys and questionnaires to solicit employee feedback on a regular basis.

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