top of page
BUSINESS DICTIONARY
The Letter H
Term | Definition | Knowledge Area | YouTube Video |
|---|---|---|---|
Hackathon | Event focused on solving problems through innovation | Innovation or Technology | |
Harassment Policy | Company policy against workplace misconduct | HR or Compliance | |
Hard Skills | Measurable job-specific abilities or knowledge | HR or Training | |
Harmonization | Standardizing rules across jurisdictions | Policy or Regulations | |
Harmonized Sales Tax (HST) | Combined federal and provincial sales tax in Canada | Taxation | |
Hazard Pay | Extra pay for dangerous working conditions | HR or Compensation | |
Head Office | Main administrative center of a company | Corporate Structure | |
Headcount | Total number of employees in an organization | HR or Operations | |
Headhunting | Actively seeking qualified candidates for positions | Recruitment | |
Headline Earnings | Company profits excluding unusual items | Finance | |
Health Insurance | Employee medical coverage provided by employer | HR or Benefits | |
Health Savings Account (HSA) | Tax-advantaged account for medical expenses | Benefits or Finance | |
Hedge Fund | Investment fund using advanced strategies | Finance or Investment | |
Help Desk | Resource for assisting users with technical issues | IT or Support | |
Hierarchical Structure | Organization with ranked levels of authority | Organizational Design | |
High-Performance Culture | Workplace promoting accountability and results | HR or Leadership | |
High-Potential Employee (HiPo) | Employee identified for future leadership roles | HR or Talent Development | |
High-Value Activity | Business task contributing significantly to value | Strategy | |
High-Yield Bond | Bond offering higher returns with higher risk | Finance or Investment | |
Hiring | Process of recruiting and employing new staff | HR | |
Hiring Freeze | Temporary stop on filling vacant positions | HR or Finance | |
Hiring Manager | Person responsible for making final hiring decisions | HR | |
Holacracy | Decentralized management system without traditional hierarchy | Management Structure | |
Holding Company | Company owning controlling interests in others | Finance or Legal Structure | |
Holding Cost | Cost of storing unsold goods | Inventory Management | |
Home Market | Company’s domestic or original market | Marketing or International | |
Home Office Deduction | Tax benefit for business use of home | Tax or Finance | |
Home-Based Business | Business operated from a residential location | Entrepreneurship | |
Horizontal Communication | Information exchange across same organizational levels | Management | |
Horizontal Expansion | Broadening business scope within the same stage of production | Strategy | |
Horizontal Integration | Merging with a company in the same industry level | Strategy | |
Horizontal Merger | Merger between two companies in the same sector | M&A | |
Hospitality Industry | Businesses providing lodging, food, and tourism services | Industry Type | |
Host Country | Country receiving foreign direct investment | International Business | |
Hosted Services | Applications provided and managed remotely | IT or Cloud | |
Hostile Takeover | Acquisition of a company without its consent | M&A or Strategy | |
Hot Desking | No fixed workstations; desks shared among employees | HR or Workplace Strategy | |
Hourly Wage | Pay based on hours worked | Compensation | |
House Brand | Private label product sold under retailer’s brand | Retail or Branding | |
Hub-and-Spoke Model | Centralized system with distribution spokes | Operations or Logistics | |
Human Capital | Value of employee knowledge, skills, and experience | HR or Economics | |
Human Rights Compliance | Ensuring business practices respect basic rights | Ethics or Sustainability | |
Human-Machine Interaction | Collaboration between people and AI/automation | Technology or HR | |
Hurdle Rate | Minimum return required to proceed with an investment | Finance or Investment | |
Hybrid Financing | Combination of debt and equity financing | Finance | |
Hybrid Marketing | Combining digital and traditional marketing methods | Marketing | |
Hybrid Work | Mix of remote and on-site work arrangements | HR or Operations |
bottom of page