Glossary

A
Agile HR
Agile HR transfers principles from software development into HR management. With iterative cycles, continuous feedback, and quick adjustments, you can flexibly respond to market changes. You foster self-organized teams, open communication, and data-driven decisions – boosting both efficiency and your team’s satisfaction.

Annual Review
The annual review is a regular feedback and development conversation between managers and employees. It provides space for reflection, goal-setting, and planning future growth – always conducted in an appreciative, constructive manner.

Artificial Intelligence in Recruiting
Using AI in recruiting leverages modern technology to optimize the hiring process. Automated tools help you identify suitable candidates, reduce biases, and streamline your selection process – making recruitment smarter and fairer.

B
Benefit Management
Benefit Management means developing a tailored package of additional benefits that perfectly matches the needs of your employees. Through continuous analysis and adjustments, you strengthen your employer brand and ensure your team feels fully supported – setting you apart as an attractive employer.

Bonus Payment
A bonus payment is an extra, one-time reward often given in recognition of outstanding performance or as a success bonus. Such special payments show your team how much you value their exceptional contributions.

C
Candidate Experience
Candidate Experience covers the entire journey of your applicants – from the first contact to the final decision. With transparent communication, a fair and speedy process, and appreciative interactions, you ensure every candidate feels well looked after and is likely to recommend your company.

Company Pension Scheme
A company pension scheme provides your employees with extra financial security in retirement – beyond the state pension. Whether via salary conversion or employer contributions, a well-structured pension scheme boosts retention and shows your commitment to your team’s long-term future (plus tax advantages!).

Competence Management
Competence Management is the systematic process of identifying, developing, and effectively using your employees’ skills and potentials. It ensures your team always has the necessary expertise and continues to grow.

Corporate Benefits
Corporate Benefits are exclusive perks offered in partnership with external providers. Whether it’s discounts, health programs, or special leisure activities, these benefits make your workplace unique and foster a strong sense of community.

Corporate Health Care
Corporate health care ensures your team stays healthy and feels well. It includes everything from regular health check-ups and preventive programs to ergonomic workstations and company fitness classes – creating an environment where everyone is cared for.

D
Digital Benefits
Digital Benefits rely on modern technology to deliver additional perks through user-friendly digital platforms. Whether via an app or a smartcard, your employees can redeem their benefits flexibly and transparently, no matter where they are.

Diversity & Inclusion
Diversity & Inclusion ensure that diversity and equal opportunities are at the heart of your company. You make sure that everyone – regardless of gender, background, or age – has the same chances, sparking innovation and strengthening the sense of belonging within your team.

E
Education Subsidy
The education subsidy is your opportunity to invest in your employees’ ongoing learning. Whether for seminars, workshops, or further studies, this support keeps your talents up to date and continuously expanding their skills.

Employer Branding
Employer Branding means intentionally building and nurturing your employer brand. By authentically communicating your company culture, values, and career opportunities, you become irresistible to top talent – and your employees feel proud to be part of your team.

Employer Experience
Employer Experience covers how your employees perceive your company – from the application process through their daily work to the eventual exit. A positive experience builds trust and makes your team love being there.

Employee Engagement
Employee Engagement describes how strongly your employees feel connected to your company. Engaged team members contribute ideas, identify with company goals, and actively drive success. Regular feedback, recognition, and an attractive benefits package are key to this engagement.

Employee Experience
Employee Experience encompasses every moment your employees encounter – from applying for a job to their daily work life and even when leaving the company. A positive experience at every stage strengthens loyalty and makes your company a place where everyone truly feels comfortable.

Employee Happiness
Employee Happiness focuses on your employees’ overall well-being. When you create a work environment where everyone feels valued and supported – be it through flexible work hours, health and wellness programs, or simply a warm atmosphere – satisfaction and productivity both rise.

Employee Lifecycle
The employee lifecycle describes the complete journey your employees take in your company – from recruitment and onboarding to development, retention, and offboarding. A well-planned lifecycle creates a positive, lasting experience that leads to long-term satisfaction.

Employee Value Proposition (EVP)
The Employee Value Proposition (EVP) is the unique promise you make to your team. It includes not just the salary, but also benefits, company culture, growth opportunities, and work-life balance. A strong EVP makes you a distinctive employer and attracts the right talent.

Employee Wellbeing
Employee Wellbeing focuses on the holistic health of your employees – physically, mentally, and emotionally. Through targeted initiatives like stress management, flexible work models, and health programs, you create an environment where everyone feels strong, balanced, and motivated.

F
Fixed Salaries
Fixed salaries are predetermined, regular payments that aren’t influenced by variable performance factors. They provide your employees with financial security and form a stable foundation for their personal and professional development.

Flexible Benefits
Flexible Benefits allow your employees to choose from a range of perks that best suit their lifestyle – whether related to health, leisure, or further education. This ensures everyone feels optimally supported.

G
Generation Z
Generation Z includes those born roughly between the late 1990s and early 2010s. This digitally savvy generation brings fresh values, new work expectations, and modern communication styles – perfect for injecting new energy into your company.

Gift
Gifts are tangible presents given on special occasions – such as anniversaries or achievements – to express your appreciation and strengthen the bond between your team and the company.

Great Resignation
The Great Resignation describes the trend of many employees voluntarily quitting to pursue new opportunities or reorient themselves. This movement challenges companies to place even greater emphasis on their workforce’s needs and desires.

H
HR Analytics
HR Analytics uses data and metrics to make informed decisions in the HR field. With a data-driven approach, you can identify trends, optimize processes, and measure the success of your HR strategies.

HR Strategy
Your HR Strategy is closely aligned with your overall company goals and defines how you shape your personnel processes. It ensures that every HR initiative – from recruitment to development – is geared toward your business’s success.

Human Capital Management
Human Capital Management (HCM) is a holistic approach to managing and developing your workforce. It involves strategic planning, talent development, and retention so that everyone can thrive.

Human Resource Management
Human Resource Management (HRM) encompasses all activities related to recruiting, developing, supporting, and managing your employees. It forms the foundation for successful teamwork and a motivated, engaged workforce.

Hybrid Work Model
The Hybrid Work Model combines in-office work with flexible remote work. This model lets your employees tailor their workplace to their needs, leading to greater satisfaction and efficiency.

I
Identity and Access Management
Identity and Access Management (IAM) ensures that the right individuals have the appropriate access to digital systems. Modern IAM solutions protect sensitive data and ensure your IT infrastructure is both secure and efficient.

J
Job Enrichment
Job Enrichment means designing jobs to be more varied and challenging. By adding responsibilities, increasing decision-making power, and offering interesting tasks, you motivate your team and encourage personal growth.

L
Labor Ancillary Costs
Labor ancillary costs are additional expenses beyond base salaries – such as social security contributions, levies, or other statutory charges. These are an important part of total compensation and must be considered in budgeting.

Legal Break Times
Legal break times are the mandated rest periods during the workday. They ensure your employees can regularly disconnect and recharge – an essential element for health and productivity.

M
Maternity Allowance
Maternity Allowance is a financial support provided to pregnant employees during their maternity protection period. It ensures they are well taken care of during this important phase.

Meal Allowance
The meal allowance supports your employees with their daily food expenses. Whether through vouchers or direct subsidies, it ensures that everyone is well-fed and energized throughout the day.

N
Non-Monetary Bonus
A non-monetary bonus is an extra reward given as a thank-you for exceptional performance – such as high-quality gadgets, vouchers, or other tangible prizes. It’s a concrete way to show appreciation for everyone’s efforts.

O
Online Payslip
An online payslip is the digital version of a salary statement that your employees can access via a web portal. It offers transparent, anytime access to their pay details.

Outsourcing Payroll
Outsourcing payroll means handing over the entire salary accounting process to an external provider. This saves time, reduces errors, and lets you focus on your core business.

P
Payroll
Payroll is the process responsible for calculating and processing employee salaries. Every payment – from base pay to bonuses and allowances – is managed meticulously to ensure timely, accurate compensation.

Payroll and Salary Accounting
This involves the accurate calculation and timely payment of your employees’ salaries, accounting for all relevant factors like base pay, bonuses, deductions, and allowances – ensuring a transparent and punctual payroll process.

Performance Evaluation
Performance Evaluation is a tool for assessing your employees’ work performance. It provides feedback, highlights strengths and areas for improvement, and forms the basis for career and compensation decisions – always conducted fairly and appreciatively.

Performance-Based Pay
Performance-Based Pay ties compensation directly to the work achieved. This model rewards individual successes and fosters a performance-oriented culture – always in a fair and transparent way.

Pillars of Wellbeing
The Pillars of Wellbeing are the key foundations that support your employees’ overall well-being. Typically including physical health, mental strength, social connections, and financial security, investing in each pillar creates an environment where everyone feels strong and supported.

Preparing Payroll Bookkeeping
Preparing payroll bookkeeping involves all the necessary preliminary steps—such as recording working hours and accounting for deductions—to ensure accurate salary calculations. Proper preparation leads to a smooth payroll process.

Public Transport Allowance
A public transport allowance helps your employees commute cost-effectively and sustainably. Whether it’s a monthly pass or a direct subsidy, it promotes eco-friendly mobility and eases the daily commute for everyone.

R
Recovery Allowance
The recovery allowance enables your entire team to recharge outside the office. This subsidy helps finance vacations, wellness activities, or other restorative experiences – showing that you truly care about work-life balance.

Remote Work Benefits
Remote Work Benefits are additional perks designed specifically for employees working from home or in flexible arrangements. From home office subsidies to digital collaboration tools, these benefits ensure your team remains productive and well-supported, no matter where they are.

S
Salary Disbursement
Salary disbursement is the actual transfer of pay to your employees, typically on designated paydays. Timely disbursement is crucial for maintaining trust and satisfaction within your team.

Salary Reduction
A salary reduction is a decrease in the regular compensation, which may occur during economic challenges or restructuring. Transparent communication and fair procedures are essential to maintain your team’s trust.

Smartcard
A smartcard is a modern tool that lets your employees easily redeem their flexible benefits. It offers a simple, transparent way to access all extra perks – perfectly suited for today’s workplace.

T
Total Rewards
Total Rewards is a comprehensive compensation approach that combines all financial and non-financial benefits – from salaries and bonuses to extra perks and growth opportunities. This all-inclusive package motivates and retains your team over the long term.

Travel Allowance
A travel allowance supports your employees with their daily commuting costs – whether for buses, trains, or other public transport. It eases the journey to work and promotes sustainable mobility.

W
Wage Cost Subsidy
A wage cost subsidy is financial assistance—often provided by government bodies—to help reduce wage expenses. It cushions economic pressures and helps secure jobs.

Wage Tax Certificate
The wage tax certificate is an official document summarizing the wage tax withheld over a calendar year. Your employees need this certificate when filing their tax returns.

Wage Tax Deduction
The wage tax deduction is when the necessary income tax is withheld directly from your employees’ pay and forwarded to the tax authorities. This ensures the tax burden is managed before the net salary is paid out.

Work-Life Balance Benefits
Work-Life Balance Benefits help your employees harmonize their professional and personal lives. With flexible working hours, home office options, and wellness programs, your team stays energized both at work and at home.