article thumbnail

Your A-Z Guide of HR Acronyms & Abbreviations

Analytics in HR

C&B: Compensation and Benefits Compensation and Benefits (C&B) is the term used to describe the total package of monetary and non-monetary rewards an employee receives from their employer in exchange for their work. As such, they form a strategic link between HR and the business. HR acronym usage example: “Our HRBP 2.0

article thumbnail

PEO vs. HRO: Which Is Better?

Genesis HR Solutions

Partnering with PEO companies allows businesses of all sizes to outsource almost all of their human resource functions, share employment liability, and, oftentimes, gain economies of scale to bring an improved benefits package to employees. Many types of HR outsourcing options are available to employers.

article thumbnail

HR systems features: the definitive A-Z of HR technology

cipHR

Bradford Factor scores – some organisations use this measurement to understand the severity, frequency, and impact of employee absence. Business process outsourcing (BPO) – outsourcing a business function, such as payroll, to a third party, such as an outsourced payroll bureau.