Remove Accounts Remove Compensation Remove Employee Relations Remove Job Analysis
article thumbnail

Your A-Z Guide of HR Acronyms & Abbreviations

AIHR

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. HR acronym usage example: “A high ELTV has a positive impact on business outcomes as the employees truly bring value to the organization.”

ROI 62
article thumbnail

How to Effectively Transition From Traditional HR to People Operations: By Department

Zenefits

When HR is at the table, and they and the business have a People Ops mindset: Interdependencies are vetted : When a new job is being created, the business is intentional about the various touchpoints it will have around the company. People Ops focuses on the person rather than just the job being performed. Benefits and compensation.