ALPHABET "R"
Random Testing - Drug and alcohol tests administered by an employer which selects employees to be tested on a random basis.
Recruitment - The process of bringing into an organization personnel who will possess the appropriate education, qualifications, skills and experience for the post offered.
Redundancy - The act of dismissing an employee when that employee is surplus to the requirements of the organization.
Replacement charts - A summarization in visual form the numbers of incumbents in each job or family of jobs, the number of current vacancies per job and the projected future vacancies. See Succession planning.
Request for proposal (RFP) - A document an organization sends to a vendor inviting the vendor to submit a bid for a product or, service.
Restrictive covenant - A contract clause requiring executives or other highly skilled employees to refrain from seeking and obtaining employment with competitor organizations in a specific geographical region and for a specified period of time.
Return on investment (ROI) - A ratio of the benefit or profit derived from a specific investment compared to the cost of the investment itself.
Right to manage - The ‘right’ of management to make decisions and to run an organization without interference from external or internal forces.
Risk management - The use of insurance and other strategies in an effort to minimize an organization's exposure to liability in the event a loss or injury occurs.
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