Glossary

Explore key terms and concepts in staffing, recruiting, compliance, and modern workforce management.

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Popular Terms

agent of record (AOR)

A company that acts as an administrative buffer between a staffing company or employer and one or more independent contractors. An agent of record helps with back-office functions that involve hiring contractors and can charge for their services. AOR assist independent contractors and their clients throughout the entire duration of a job, from start to finish.

employer of record (EOR)

An EOR serves as the legal employer for administrative purposes while a worker carries out their duties for an end-hirer. They assume legal and financial liability for workers and handle back-office functions like payroll and compliance so you don’t have to. Outsourcing to one of these partners allows your firm to maintain its focus on revenue-generating activities while expanding to new geographic markets.

independent contractor (IC)

A self-employed individual under contract to perform services for an organization. An IC may work as a freelance self-employed individual or as one hired through the intermediary of a single-person corporate entity. ICs are usually free to perform work as they see fit, with limited or no control over how the work is performed.

professional employer organization (PEO)

A firm that partners with clients to act as the legal employer for some, or all, of their core workforce. A PEO functions as a co-employer, taking on some of the responsibilities of an employer, including liability for certain employment practices.

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A

agent of record (AOR)

applicant tracking software (ATS)

applicant tracking system (ATS)

See Also:
applicant tracking software (ATS)

assignment

B

back-office

C

compliance

contemporary workforce

See Also:
contingent workforce

contingent worker

contingent workforce

See Also:
contemporary workforce

contract administration

contract labor

contract worker

See Also:
independent contractor (IC)

contractor

See Also:
independent contractor (IC)

D

direct sourcing

E

employer of record (EOR)

enterprises

F

freelance worker

See Also:
independent contractor (IC)

freelancer management system (FMS)

G

gig economy

H

human capital management (HCM)

human cloud

human resources outsourcing (HRO)

I

indemnification agreement

independent contractor (IC)

independent worker

See Also:
independent contractor (IC)

J

K

L

labour leasing

M

managed service provider (MSP)

managed staffing provider (MSP)

See Also:
managed service provider (MSP)

mass talent firms

N

O

offboarding

onboarding

online platform (OLP)

P

payroll factoring

payroll financing

payroll funding

premium

professional employer organization (PEO)

professional services firms

Q

quality assurance database (QA Database)

R

recruiting

recruitment process outsourcing (RPO)

request for proposal (RFP)

risk management

risk mitigation

S

search and recruiting firms

self-employed individual

staffing

staffing and recruiting industry

staffing firms

statement of work (SOW)

statutory paid time off (SPTO)

T

talent

talent procurement

talent supplier

U

V

vendor management software (VMS)

vendor management system (VMS)

See Also:
vendor management software (VMS)

verification of employment (VOE)

W

X

Y

Z

Search Results

agent of record (AOR)

applicant tracking software (ATS)

applicant tracking system (ATS)

See Also:
applicant tracking software (ATS)

assignment

back-office

compliance

contemporary workforce

See Also:
contingent workforce

contingent worker

contingent workforce

See Also:
contemporary workforce

contract administration

contract labor

contract worker

See Also:
independent contractor (IC)

contractor

See Also:
independent contractor (IC)

direct sourcing

employer of record (EOR)

enterprises

freelance worker

See Also:
independent contractor (IC)

freelancer management system (FMS)

gig economy

human capital management (HCM)

human cloud

human resources outsourcing (HRO)

indemnification agreement

independent contractor (IC)

independent worker

See Also:
independent contractor (IC)

labour leasing

managed service provider (MSP)

managed staffing provider (MSP)

See Also:
managed service provider (MSP)

mass talent firms

offboarding

onboarding

online platform (OLP)

payroll factoring

payroll financing

payroll funding

premium

professional employer organization (PEO)

professional services firms

quality assurance database (QA Database)

recruiting

recruitment process outsourcing (RPO)

request for proposal (RFP)

risk management

risk mitigation

search and recruiting firms

self-employed individual

staffing

staffing and recruiting industry

staffing firms

statement of work (SOW)

statutory paid time off (SPTO)

talent

talent procurement

talent supplier

vendor management software (VMS)

vendor management system (VMS)

See Also:
vendor management software (VMS)

verification of employment (VOE)

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