Applicant Tracking System
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An Applicant Tracking System (ATS) is a software application that enables the electronic handling of recruitment needs. The principal function of an ATS is to provide a central location and database for a company's recruitment efforts.
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Automated Hiring Solution
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A software application that handles all aspects of the hiring process from application through applicant tracking and onboarding.
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Background Checks
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The process of looking up and compiling criminal records, commercial records and financial records (in certain instances such as employment screening) of an individual.
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Competencies
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Competencies are characteristics which drive outstanding performance in a given job, role or function.
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Competency Model
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A competency model refers to a group of competencies required in a particular job. The number and type of competencies in a model will depend upon the nature and complexity of work along with the culture and values of the organization in which the work takes place.
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Electronic Form I-9
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Electronic version of the DHS form required for verification of worker's legal right to work in the US. Starting in 2006, the Department of Homeland Security issued detailed guidelines to manage and store the Form I-9 electronically.
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Electronic Form W-4
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Electronic Form W-4 is an electronic version of the tax form used by the United States Internal Revenue Service. The form is used by employers to determine the correct amount of tax withholding to deduct from employees' wages.
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Employee Assessments
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A series of questions designed to determine how well an individual's competencies and personality match the position for which they are being considered.
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Employee Tax Credit Processing
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An outsourced service that handles all aspects of the certification of the WOTC, geographic and state tax credits. Processing service providers ensure that the tax credit paperwork is properly completed and that required supporting or supplemental documents are provided to the relevant agnecies so as to achieve certificaiton of the tax credit.
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Employee Tax Credit Screening
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A process for determining whether a prospective employee may be eligible for a tax credit.
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Employee Tax Credits
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Tax credits available to employers who hire individuals that meet certain criteraia. Such tax credits typically encompass federal Work Opportunity Tax Credits, Geographic-Based Credits and state credits.
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E-Verify
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E-Verify is currently a voluntary program run by the United States government (Department of Homeland Security) to help certify that employees hired by companies are legally authorized to work in the United States. Formerly known as the Basic Pilot/Employment Eligibility Verification Program, the program is operated by the Department of Homeland Security in partnership with the Social Security Administration.
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Geographic Tax Credits
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Tax Credits available to companies that operate and hire from within special geographic zones such as Renewal Communities (RC) and Empowerment Zones (EZ).
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HHMS
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Hourly Hiring Management System, a hiring system that is designed specifically to address the needs of the hourly workforce and organizations that are predomindantly field-based or hourly.
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A Hiring Management System is a software application that automates all aspects of the hiring process. Usually will include an automated application module, an ATS module, as well as an onboarding module.
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Pre-employment screening
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A process for determining whether a prospective employee is capable of performing the functions required by the job or whether prospective employee matches the requirements or preferences for a particular position.
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Psychometric Assessments
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A test that attempts to measure psychological variables such as honesty, integrity and other personality traits, which are directly rated to the position for which the individual is being considered.
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Talent Acquisition
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The process of identifying recruiting and hiring of qualified and well-matched individuals who will be an asset to your organization.
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Talent Management
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Talent management refers to the process of attracting highly skilled workers to work for your company, integrating new workers, developing and retaining current workers.
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Work Opportunity Tax Credit
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The work opportunity tax credit is available on an elective basis for employers hiring individuals from one or more of nine targeted groups. The value of the credit available to an employer is determined as a specified percentage of the qualified wages paid by the employer to the eligible employee.
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WOTC Processing
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An outsourced service to capture, process and certify the Work Opportunity Tax Credit so that an organization can take full advantage of such tax credits available to them.
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