Connecting to LinkedIn...

W1siziisijiwmtuvmdqvmtuvmdgvntqvmzgvnzi1l01ptlrbu0hfqkxpr19vtljftkrfukvex0lnqudfx3jlc2l6zwrfyw5kx3jlbmrlcmvklmpwzyjdlfsiccisinrodw1iiiwimtkymhgxmjuwiyjdxq

Blog

A guide to common recruitment lingo

3/07/2013 by

Blank

Very often when individuals have worked within a business sector for a long period of time, it can sometimes be forgotten that there is certain terminology which it is assumed everyone understands, especially to those new to the sector.

It is no different within the recruitment sector. We have various acronyms and terminology to describe the length of projects. Below is a selection of some of these to aid those new in the industry.

Types of temporary resources

• Interim – usually consists of at least a 3 month contract normally for project work
• Contract – usually a short term or fixed term amount of time for project work
• Fixed Term Contract (FTC) – Pre agreed amount of time which could be between 3 months and 2 years
• Temp – Typically a very short term agreement typically covering sickness or holidays
• Perm – Permanent long term recruitment solution with benefits

Types of recruitment lingo

• 180 Consultants – either full focussed on resourcing candidates or fully focussed on business development
• 360 Consultants – full cycle Consultant involving a combination of new business development and resourcing candidates
• Canvassing – Making a client sales call
• Closing – Process of gaining commitment and agreement from either a client or candidate
• Direct Resourcing – Companies co-ordinating their own talent attraction
• Framework Agreement – A fixed time agreement with a number of suppliers regarding contracts (very common with government)
• Gatekeeper – the person to get past in order to speak to the decision maker, for example receptionist or a PA
• Head hunt – approaching typically passive individuals regarding a specific opportunity. Occasionally this can be a named individual as requested by the company
• Offshoring – moving jobs from one country to another (usually to a lower wage country)
• On boarding – when a starter joins a company and is involved in paperwork, induction etc.
• Recruitment Process Outsourcing – an employer delegating aspects of the recruitment and retention to a third party
• Relocation – relocating to a different area or country
• Resourcing – finding candidates and qualifying them for the role

Types of recruitment acronyms

• APAC – Asia Pacific
• AWR – Agency Workers Regulations
• EMEA – Europe, Middle East & Africa
• IR35 – A Tax legislation for contractors
• MBR – Monthly Business Review
• NDA – No Disclosure Agreement
• OTE – Opportunity to Earn or On Target Earnings
• PSL – Preferred Supplier List
• RPO – Recruitment Process Outsourcing
• SLA – Service Level Agreement

If you feel we have left some off, please do add them and let us know.

Written by Vicky Jones, Montash Head of Marketing & Communications

comments powered by Disqus

Social Stream

Latest News

W1siziisijiwmtyvmtivmdyvmdkvmjcvmtavnze4l2nsb3vkihrly2hub2xvz3kgc2vydmljzxmuanbnil0swyjwiiwidgh1bwiilcizodb4mtawiyjdxq

AI continues to infiltrate cloud computing se...

2016-12-06 09:00:00 +0000

With Google and Microsoft both already working on artificial intelligence (AI) software for their cloud services, it has been revealed that Amazon is now to join the battle. The internet giant is to prioritise developing AI for Amazon Web Services (AWS), the division that sells data storage and computing to IT professionals around the world. AWS is currently the fastest-growing division for Amazon, with the past year having seen sales soar by 60 per cen...

W1siziisijiwmtyvmtivmduvmtqvmdavmjivmzm1l0jpzybeyxrhlmpwzyjdlfsiccisinrodw1iiiwimzgwedewmcmixv0

Big data analytics – governed data discovery ...

2016-12-05 13:00:00 +0000

Big data analytics has matured as a business process during 2016 with most enterprises now recognising the critical importance of actively mining big data for insights. These insights will inform decision-making and ensure they remain competitive in an increasingly complex landscape that is constantly in flux. One prediction that will certainly come to fruition in the coming years is “more data”. The world’s storage systems are set to hold more than 17....