Contract-to-Hire

Contract-to-Hire

A contract-to-hire refers to a situation in which a candidate is first taken up for employment on a temporary or contracting basis with a prospect of being taken up as a full-time permanent employee after the expiry of the term of the contract. This would allow the employer to analyze the performance and overall suitability […]

Contractor

Contractor

A contractor is an individual or firm that provides goods, services, or expertise to another party under the terms of a contract or agreement. Contractors may operate as independent professionals, freelancers, consultants, or specialized firms offering specialized skills, resources, or capabilities to meet specific project or business needs. Contractors play a crucial role in various […]

Contractual Obligation

Contractual Obligation

Contractual Obligation refers to a duty that is legally binding and enforceable under the terms of a contract between two or more parties. When an individual or organization agrees to the terms of a contract, they are bound by law to fulfill the specific obligations outlined in that agreement. These obligations can vary widely, ranging […]

Corporate Social Responsibility (CSR)

Corporate Social Responsibility (CSR)

Corporate Social Responsibility (CSR) refers to the practice of companies taking accountability for their impact on society and the environment. It goes beyond profit-making to include social, environmental, and ethical considerations in business operations. Companies engaged in CSR initiatives often focus on areas such as reducing carbon footprints, improving labor policies, engaging in fair trade, […]

Cost of Living Adjustment (COLA)

Cost of Living Adjustment (COLA)

A Cost of Living Adjustment (COLA) is an increase in income or benefits to counteract the effects of inflation, ensuring that the purchasing power of individuals, particularly employees and retirees, remains consistent over time. COLA is typically applied to wages, salaries, and pensions, helping individuals keep up with the rising costs of goods and services […]

Cost per Hire

Cost per Hire

Cost per hire is a key performance metric used by organizations to measure the total cost involved in recruiting and hiring a new employee. Cost per hire encompasses various expenses incurred throughout the recruitment process, including advertising and marketing costs, agency fees, recruiter salaries, candidate travel expenses, background checks, pre-employment assessments, onboarding costs, and other […]

Counseling Services

Counseling Services

Counseling Services refers to professional guidance and support provided to individuals, employees, or organizations to address personal, career, or psychological issues that may impact well-being, productivity, or workplace harmony. These services can be offered by licensed counselors, psychologists, or mental health professionals and are designed to help individuals navigate challenges such as stress, anxiety, relationship […]

Cover Letter

Cover Letter

A cover letter is a document sent with a resume submission for a job, further elaborating to an employer an applicant’s qualifications for the applied position and their motivation. A helpful way of showing appropriateness for a position is stating oneself at the beginning of a letter as having the relevant skills, experience, and achievements […]

Cross-Cultural Training

Cross-Cultural Training

Cross-Cultural Training is a structured program designed to enhance an individual’s understanding and appreciation of cultural differences in the workplace. This type of training is essential for companies operating in a global market, where employees often interact with colleagues, clients, and partners from diverse cultural backgrounds. The goal of cross-cultural training is to improve communication, […]

Cross-Functional Team

Cross-Functional Team

A Cross-Functional Team is a group composed of members from different functional areas within an organization, such as marketing, finance, operations, and human resources, who collaborate to achieve a common goal. This type of team leverages the diverse expertise and perspectives of its members to address complex challenges, innovate, and drive projects forward efficiently. Cross-functional […]