Recruitment glossary

What is a Preferred Supplier List (PSL)?

A preferred supplier list (PSL) is a list that companies have of recruiters they prefer to deal with. Only agencies that are on this list are able to provide resumes via the company’s online system. Other agencies sending resumes are deemed to be unsolicited and will not be accepted. Recruitment agencies can apply to be on the PSL for an organisation which is usually on a contractual basis. Companies have several reasons for using a preferred suplier list including reduction in costs or if they are in a high turnover environment.


Application management
What is the War for Talent?

The War for Talent refers to an increasingly competitive landscape for recruiting and retaining talented employees.

Application management
What is a Video interview?

A Video Interview is a job interview that takes place remotely and uses video technology as the communication medium. There …

Application management
What is an Unstructured Interview?

An Unstructured Interview is an interview conducted without a specific set of predetermined questions. Unstructured interviews are meant to flow …

Application management
What is Turnover?

Turnover refers to the percentage of workers who leave an organisation and are replaced by new employees. Measuring employee turnover …

Database management
What is a Vendor Management System?

A Vendor Management System is a web-based application that offers businesses the ability to manage and procure temporary or permanent …

Application management
What is Superannuation?

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

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