The SeamlessHR Glossary

Human Resource Terminologies and Definitions

V

Vacancy

An unfilled job position or job opening within an organisation for which recruitment efforts are underway to find a suitable candidate.

Values-Based Hiring

A recruitment approach where emphasis is placed on aligning a candidate’s values and beliefs with those of the workplace. Instead of solely focusing on skills and qualifications, Values-Based Hiring considers the candidate’s ethical principles, attitudes, and cultural fit with the company’s mission, vision, and core values.

Vendor Management

The process of overseeing and coordinating relationships with external vendors or third-party service providers who assist with various business functions. This can include recruitment agencies, background check providers, payroll processing companies, benefits administrators, training providers, and more.

Verification of Employment

The process of confirming and validating an individual’s employment history, including dates of employment, job titles, responsibilities, and salary, typically requested by prospective employers, financial institutions, or government agencies.

Virtual Onboarding

The process of integrating and orienting new employees into the organisation remotely using digital tools, technology, and virtual platforms, such as video conferencing, online training modules, and digital documents.

Voluntary Resignation

The act of an employee choosing to leave their job voluntarily, often for personal reasons, career advancement, or pursuit of other opportunities, without being terminated by the employer.

Volunteerism

The practice of employees engaging in voluntary activities or initiatives within or outside the workplace, typically aimed at serving the community or supporting social causes.

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