Counter Offer
Basic Definition: A counter offer refers to a revised job offer made by an exiting employer to a candidate who has already accepted a job offer from another company. A counter offer is usually made in an attempt to retain the candidate and keep them from accepting the original job offer. In the recruitment process, […]
Employer Branding
Employer branding refers to the image and reputation that a company has as an employer. In the recruitment sector, employer branding is crucial in attracting top talent to a company. By promoting a positive and attractive image of the company as an employer, the company can differentiate itself from competitors and create a compelling employer […]
executive search
Basic Definition: Executive search refers to the process of finding and recruiting top-level executives for a company, typically for senior leadership positions such as CEO, CFO, or COO. This process is typically carried out by specialized executive search firms that use advanced methods and a deep understanding of the job market to identify and attract […]
headhunting
Basic Definition: Headhunting refers to the practice of finding and recruiting top talent for a company, usually by reaching out to individuals who are currently employed at a different company. This process is typically carried out by recruitment agencies or head hunters who use their extensive network and knowledge of the job market to identify […]
in-house
Basic Definition: When talking about recruitment, the term “in-house” refers to the process of hiring employees within a company, rather than outsourcing the process to a third-party recruitment agency. In-house recruitment means that the company handles all aspects of the recruitment process internally, including advertising job vacancies, attracting applicants, screening candidates, and conducting interviews. Companies […]
job board
Basic Definition: A job board is an online platform that allows employers to post job vacancies and job seekers to search and apply for available jobs in a specific industry, location, or category. Job boards typically include features such as resume databases, job alerts, and company profiles, and may also offer additional resources such as […]
passive candidate
Basic Definition: A passive candidate is a person who is not actively seeking employment but may be open to considering new job opportunities if they are approached. They may be satisfied with their current job but would consider a change if they felt it was the right fit. Passive candidates are often contacted by recruiters […]
pipeline
Basic Definition: A pipeline in recruiting refers to the set of steps and processes involved in identifying, attracting, evaluating and hiring potential candidates for a given position. The term refers to the flow of candidates from sourcing to final selection and the stages they go through along the way. Usage Example: “We have a pretty […]
PSL
Basic Definition: A Preferred Supplier List (PSL) in terms of recruitment is a list of preferred or approved recruitment agencies or service providers that a client has selected to work with in order to fill job vacancies. A PSL is typically compiled by a client as a result of a comprehensive evaluation of recruitment agencies, […]
recruitment agency
Basic Definition: A recruitment agency is a professional organization that specializes in finding and placing qualified candidates into employment. They work with both job seekers and employers to match candidates with job opportunities, using their expertise and knowledge of the job market to find the best fit for both parties. Recruitment agencies often offer additional […]