Remove Compensation Remove Job Analysis Remove ROI Remove Succession Planning
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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: “Examples of a BIK include healthcare benefits, meal vouchers, retirement plans, childcare assistance, and accommodation.”

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Talent Acquisition

AIHR

Effective succession planning and succession management – With talent acquisition, businesses can plan ahead for the future and identify potential successors for critical roles. Learn more What is a job requisition? The return on investment (ROI) of selection can be calculated through a utility analysis.