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Human resources

Category: Business

9 Terms

Created by: nielni

Number of Blossarys: 1

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360-degree feedback is a feedback process where not just your superior but your peers and direct reports and sometimes even customers evaluate you. Definition: 360-degree feedback is a feedback ...

Domain: Business administration; Category: Human resources

Competency mapping identifies an individual's strengths and weaknesses. Definition: Competency mapping identifies an individual's strengths and weaknesses. The aim is to enable the person to ...

Domain: ; Category: Human resources

Definition: An Employee Stock Option Plan (ESOP) is a benefit plan for employees which makes them owners of stocks in the company. ESOPs have several features which make them unique compared to other ...

Domain: ; Category: Human resources

An accurate description of what a new employee will do in order to decide how to divide the work between employer and employee. Definition: Creating a job description is a key step in the hiring ...

Domain: ; Category: Human resources

Management by Walking Around basically refers to managers spending some part of their time listening to problems and ideas of their staff, while wandering around an office or plant. Definition: It ...

Domain: ; Category: Human resources

Definition: MBO is a management practice which aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization. Description: MBO requires all ...

Domain: ; Category: Human resources

Mentoring is a relationship between a senior and a junior where the elder person guides the younger person through difficult times, gives advice and support. Definition: Mentoring is a ...

Domain: ; Category: Human resources

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