In recruiting, C2C stands for Corp-to-Corp, a business arrangement where a contractor works through their own corporation or LLC rather than as an employee. This model is common in IT staffing and affects tax treatment, liability, and compensation structure.
In lieu of notice refers to the practice of providing payment to an employee instead of requiring them to work through a notice period after termination. It is a common employment law concept that allows employers to end employment immediately while compensating the employee for the notice period.
In Workday, the term “regrettable” usually refers to regrettable turnover, a metric that identifies employees who left the organization and were considered high‑performers or critical talent. Understanding this concept helps HR teams improve retention strategies.
Conversion salary is the annualized compensation offered to a worker when transitioning from a temporary, contract, or part-time role to a permanent, full-time position. It is typically derived from the worker’s previous hourly or contract earnings, adjusted to account for the value of benefits such as health insurance, paid time off, and retirement contributions. Understanding conversion salary helps both employers and workers evaluate fair compensation during employment transitions.
The phrase ‘Currently On Review Compensation Issue’ is a status indicator used in administrative and human resources systems. It signifies that a request for payment, salary adjustment, or reimbursement is undergoing a formal verification process.
A behavioral interview question used by employers to assess a candidate’s understanding of diversity, equity, and inclusion (DEI). It evaluates the candidate’s ability to work in multicultural environments and their alignment with corporate values.
Blackout dates are specific periods during which certain benefits, discounts, or rewards cannot be used. Commonly found in travel loyalty programs, hotel bookings, and employee vacation policies, they restrict access to standard perks during high-demand times to manage capacity and revenue.
Temporary-to-hire is an employment arrangement where an employee is hired through a staffing agency for a set period before potentially transitioning to a permanent role with the client company. This model allows both the employer and the employee to evaluate professional compatibility before committing to a long-term contract.
In the context of Schedulefly, ‘WA’ typically stands for ‘Wait’ or ‘Waiting.’ It is used by managers to indicate a shift that is available but pending confirmation or a staff member on a standby list.
Payment in lieu of notice is compensation provided to an employee when their employment is terminated immediately without them working their contractual notice period. This payment ensures the employee receives the wages they would have earned during the notice timeframe.