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LEARNING HUB

Glossary

Glossary

Glossary defines the most commonly used terms and phrases in plain, easy-to-understand language to help anyone, from seasoned professionals to brand-new specialists, better understand the terminology of the industry.

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Accounts Receivable Aging

Applicant Tracking System (ATS)

Attendance Point System

Backfill

Bill Rate

Buddy Punching

Burden Rate

Candidate Pipeline

Candidate Rediscovery

Co-Employment

Consolidated Invoice

Contingent Workforce

Conversion Fee

Credentials Verification Organization (CVO)

Direct Sourcing

Dispatch

DNR (Do Not Return)

Double Time Pay

Earned Wage Access

Employer of Record vs PEO vs Staffing Agency

Fall-Off

Fill Rate

Geofencing

Gross Margin

Healthcare Credentialing

Holiday Pay

I-9 Reverification

Job Order

Job Requisition

Light Duty

Markup

Master Vendor vs Vendor Neutral

Missed Punch

MSP (Managed Service Provider)

No Call No Show

No-Show

On-Call Pay

Payroll Funding

Payrolling

PBJ Reporting (Payroll-Based Journal)

Placement Fee

Predictive Scheduling

Primary Source Verification

Program Fee (VMS Fee)

Rate Card

Recruitment Process Outsourcing (RPO)

Redeployment

Reporting Time Pay

Resume Parsing

Right to Represent

Shift Bidding

Shift Differential

Shift Swap

Show-Up Rate

Source of Hire

SOW Staffing

Split Shift

Staffing Agency Insurance

Staffing Agency License

Staffing Agreement

Submittal

Supplier Scorecard

SUTA Tax

Swing Shift

Talent Pool

Tiered Supplier

Time Clock Rounding

Time to Fill

Vendor on Premise (VOP)

VMS (Vendor Management System)

Workers' Comp Class Codes