Recruitment glossary

What is the Bradford formula?

Bradford formula is used by HR departments to calculate the impact of employees’ absences on the organisation. It is based on the theory that short, frequent, unplanned absences are more disruptive to organisations than longer absences. You can calculate an employee’s Bradford Factor using the Bradford Formula, which is S2 x D = B. ‘S’ is the total number of separate absences, ‘D’ is the total number of days’ absence and ‘B’ is the Bradford Factor score.


Application management
What is Superannuation?

Superannuation is an organisational pension program created by a company for the benefit of its employees.

Application management
What is Time to Fill?

Time to Fill is a metric used to measure the number of days it takes from a job requisition being …

Compliance
What is SMSF (Self Managed Superannuation Fund)?

SMSF (Self Managed Superannuation Fund) is a superannuation trust structure that provides benefits to its members upon retirement.The difference between …

Application management
What is Six Sigma?

Six Sigma is a set of management techniques intended to improve business processes by greatly reducing the probability that an …

Insights and reporting
What are Recruiting Metrics?

Recruiting metrics is a term used to refer to those measures an agency uses to determine hiring success and is …

Compliance
What is Reputation Management?

Reputation Management is the practice of attempting to shape public perception of an organization by influencing online information.

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