Glossary

Everything important at a glance

Terms explained in simple words – for you and your team.

A

Annual Review Agile HR

B

Benefits Card Bonus payment Benefits Management

C

Competency Management Childcare allowance/subsidy Company Bike Leasing Corporate Wellness Candidate Experience Company Health Insurance Company Pension Plan/Occupational Pension Scheme

D

Diversity & Inclusion Direct Insurance Direct Pension Commitment Digital Benefits

E

Employee ID Cards Employee Vouchers Employee Well-being Employee Value Proposition (EVP)Employee Life Cycle Employee Satisfaction Employee Experience Employee Engagement Employer Branding Employee Benefits Education grant/Educational allowance

F

Flat-rate taxed benefits in kind Flexible Benefits Fixed salary

G

H

Hybrid Work Model HR Analytics Human Resource Management Human Capital Management

I

Income Tax Certificate Income Tax Withholding Internet subsidy Identity and Access Management (IAM)

J

M

Meal allowance Material gift / Non-cash gift Meal allowance

N

Non Cash Benefit

O

Online Payslip Outsourced Payroll Processing Occasion-based gifts/benefits

P

Pillars of Wellbeing Payroll Pension Fund Public Transportation Allowance Performance-based pay Performance Assessment Payroll taxes and social contributions Preparatory Payroll Accounting

R

Remote Work Benefits Recreation Allowance

S

Smart card Salary Payment Sickness benefit supplement Statutory Break Times Salary reduction Skilled worker shortage

T

Total Rewards The Great Resignation Travel allowance

W

Work-Life Balance Benefits Wage subsidy Work Experience Workplace Health Promotion