Recruiting and sourcing are critical functions for any organization, and as such, it's important for recruiters and sourcers to have a strong understanding of the industry's jargon. In this blog post, we will provide a glossary of the top 50 terms that recruiters and sourcers should know.
1. ATS (Applicant Tracking System) - A software system used by organizations to manage and track job applications.
2. Boolean search - A method for searching for candidates using specific keywords and operators, such as AND, NOT, and OR.
3. Cold calling - The process of contacting potential candidates who have not expressed interest in a job opportunity.
4. Direct sourcing - The process of finding and recruiting candidates directly, rather than through job postings or recruiting agencies.
5. Employee referral - A candidate who is referred to a job opportunity by a current employee of the company.
6. Employer branding - The process of creating a positive reputation for an organization as a great place to work.
7. Headhunting - The process of recruiting and hiring high-level executives or specialized professionals.
8. Inbound recruiting - The process of attracting job candidates to an organization through various marketing and branding efforts.
9. Job board - A website where job opportunities are posted and candidates can search and apply for jobs.
10. Job description - A document that outlines the responsibilities, qualifications, and requirements for a specific job position.
11. Job posting - The process of advertising a job opportunity to potential candidates.
12. Outbound recruiting - The process of proactively reaching out to potential candidates to fill job openings.
13. Referral bonus - A financial incentive offered to employees who refer successful candidates for open positions.
14. Recruiting automation - The use of technology and software to automate recruiting processes.
15. Recruiting funnel - The process of identifying, attracting, and hiring candidates, from initial outreach to final hiring decision.
16. Recruiting metrics - Data and statistics used to measure the effectiveness of recruiting efforts, such as time-to-hire and cost-per-hire.
17. Recruiting software - Technology and tools used to automate and streamline recruiting processes, such as applicant tracking systems and candidate relationship management systems.
18. Referral marketing - The use of word-of-mouth and personal recommendations to promote a product or service.
19. Referral program - A program in which employees or customers are incentivized to refer candidates for open positions.
20. Resume screening - The process of reviewing resumes and applications to determine which candidates meet the qualifications for a job.
21. Retention rate - The percentage of employees who remain with a company over a specific period of time.
22. Salary range - The range of salaries that a company is willing to pay for a specific job position.
23. Sourcing - The process of identifying and recruiting potential candidates for open job positions.
24. Sourcing channel - The methods used to find and attract potential candidates, such as job boards, social media, and employee referrals.
25. Sourcing strategy - A plan for identifying and recruiting potential candidates, including the sourcing channels to be used and the metrics to be tracked.
26. Talent acquisition - The process of identifying, attracting, and hiring the best talent for an organization.
27. Talent management - The process of managing and developing the talent within an organization.
28. Talent pool - A group of potential candidates
29. Talent scouting - The process of identifying and recruiting potential candidates before they are actively seeking a new job opportunity.
30. Time-to-hire - The amount of time it takes to fill an open job position from the time the job posting is created.
31. Total cost of ownership (TCO) - The total cost of a recruiting process, including direct and indirect expenses.
32. Virtual recruiting - The use of technology and virtual platforms to conduct recruiting activities remotely.
33. Workforce planning - The process of forecasting and planning for the workforce needs of an organization.
34. Recruiter - A professional who is responsible for identifying, recruiting, and hiring candidates for open job positions.
35. Sourcing specialist - A professional who is responsible for identifying and recruiting potential candidates for open job positions.
36. Talent acquisition manager - A professional who is responsible for managing the talent acquisition process within an organization.
37. Recruiting coordinator - A professional who supports recruiters by scheduling interviews, tracking candidates, and maintaining recruiting records.
38. Recruiting manager - A professional who manages and oversees the recruiting team within an organization.
39. Recruiting director - A senior-level professional who is responsible for leading the recruiting strategy and operations within an organization.
40. Recruiting team - A group of professionals who are responsible for identifying, recruiting, and hiring candidates for open job positions.
41. Employee engagement - The level of commitment and involvement of employees in the organization.
42. Employee Experience - The overall experience of an employee with the organization, including culture, benefits, and work-life balance.
43. CRM - A Customer Relationship Management system (CRM) allows talent teams to build and maintain relationships with large pools of candidates and effectively manage the entire recruitment process.
44. Employee retention - The ability of an organization to retain its employees over time.
45. Employee turnover - The rate at which employees leave an organization and need to be replaced.
46. Employer of choice - A company that is highly sought after by job candidates because of its reputation and working conditions.
47. Employee value proposition (EVP) - The unique benefits and attributes that an organization offers to its employees.
48. Employee advocacy - The act of employees promoting the organization to their personal networks and promoting the organization as a great place to work.
49. Employee Net Promoter Score (eNPS) - A metric used to measure employee satisfaction and willingness to recommend the organization as a great place to work.
50. Employee engagement survey - A survey used to measure employee engagement and satisfaction with the organization.
In conclusion, recruiters and sourcers should be familiar with these 50 terms to have an efficient and effective recruitment process. It's important to have a good understanding of the recruitment process and terminology to be successful in the field. Understanding of these terms will help in communicating effectively with hiring managers, candidates and other stakeholders.
About Rocket
Rocket pairs talented recruiters with advanced AI to help companies hit their hiring goals and knows technology recruiting inside out. Rocket is headquartered in the heart of Silicon Valley but has recruiters all over the US & Canada serving the needs of our growing client base across engineering, product management, data science and more through a variety of offerings and solutions.
