Discover the meaning of the latest SG payroll and HR terms and abbreviations with this free glossary.
Onboarding Onboarding is the term for introducing a new hire into an organisation so that they acquire the relevant knowledge, skills and behaviours to help them function effectively.
Organisational development Organisational development (OD) is the process to improve a company’s effectiveness by managing the behaviours of its talent. The overall aim of OD is to realise a change in attitude within the organisation. For this to be successful, systems already need to be in place to implement real change, and then analyse the subsequent data.
Outsourcing Outsourcing is what happens when a company decides to hire third-party experts to look after a specific issue, rather than manage it inhouse. Outsourcing payroll brings with it many cost-reduction and efficiency benefits, as well as a targeted approach to staying compliant.