Jargon buster - B

WORKFORCE JARGON BUSTER - B

 
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Blended RPO

Blended RPO

Refers to the inclusion of contingent labour as well as direct hire in a Recruitment Process Outsourcing (RPO) contract.

We recommend you also look at Recruitment Process Outsourcing and Contingent RPO.

Blended workforce

Blended workforce

Blended workforce means the planned use of permanent and contingent workers to meet the strategic and tactical workforce needs of a corporation.

We recommend you also look at Total Talent Management.

Blockchain

Blockchain

A shared and continually reconciled database or ledger that enables people to transfer assets securely online.

Bots

Bots

A bot, also known as a web robot, is a software application that runs automated tasks (scripts) over the Internet. Typically, bots perform tasks that are both simple and structurally repetitive, at a much higher rate than would be possible for a human alone.

BI – Business Intelligence

BI – Business Intelligence

Business intelligence (BI) is the set of techniques and tools for the transformation of raw data — sometimes from disparate sources — into meaningful and useful information for business analysis purposes.

BPO - Business Process Outsourcing

BPO - Business Process Outsourcing

RPO and MSP are sometimes classified as a subset of Business Process Outsourcing (BPO). This is where a function or department that was previously staffed and supervised by the customer directly, is run by an outside provider.