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Your A-Z Guide of HR Acronyms & Abbreviations

Analytics in HR

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.” Go to Glossary G 27.

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Guide to Hiring Employees in Costa Rica

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Employee Benefits: Employees in Costa Rica are entitled to various benefits, including paid vacation days, sick leave, maternity and paternity leave, and bonuses such as the mandatory Christmas bonus (Aguinaldo) equivalent to one month’s salary.

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Guide to Hiring Employees in Malawi

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Reference Checks: Employers may conduct reference checks to verify candidates’ employment history, qualifications, and character. Be patient and understanding if meetings or deadlines are not strictly adhered to, as factors such as traffic or family commitments may impact employees’ schedules.