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Glossary

by | Jan 31, 2020

A

Automation

Automation is the use of technologies and associated devices to perform tasks with little-to-no human supervision.

Artificial intelligence

This is the intelligence of machines designed to replicate human intelligence.

C

Cloud computing

On-demand computing resources stored in the cloud, or really on an offsite set of servers that can be accessed by connected devices.

Company culture

The values, ethics, and staff morale of a company.

E

Employee experience

This describes the journey an employee takes with an organization and describes what they experience and feel.

F

Flexible hours

These are hours outside of the traditional corporate time frame. Flexible hours may be an employee starting work at 10 AM and ending at 7 AM, or working on weekends.

Freelancer

A person who is self-managed and works independently, such as a solopreneur, consultant, and/or entrepreneur.

Future of work

This describes all the aspects of how humans will work in the future. It looks at the what, when, where, and how of the workplaces of the future.

G

Gig economy

Employees are often directing their career path, with diverse experiences along the way. Fewer employees are lifers at company. Instead, the gig economy is all about freelancing with more flexibility involved.

M

Machine learning

The ability of machines to learn on their own without explicit programming or direct input from humans.

R

Remote work

An employment option which allows staff to work from anywhere, outside of the office.

Reskilling

This is the process of training up to ensure you have marketable and relevant skills that meet current job demands. Reskilling also involves changing job roles.

S

Skill set

An individual’s proficiency, experience, ability, talent, and skills which exhibit competence for a specific job role.

U

Upskilling

This is the process of training workers, while keeping them in the same roles. For instance, workers may need to learn new technologies and/or how to become more efficient at their current jobs.