requisition

Definition

The formal request to hire for an open position, requiring approval from multiple levels of management. The bureaucratic hurdle between 'we need someone' and actually posting a job.

Example Usage

We've been waiting three months for the requisition to be approved, so everyone's just working overtime instead.

Origin

Adapted from general business procurement terminology in the mid-20th century

Fun Fact

The average requisition approval process takes 15 business days, during which top candidates accept other offers.

Source: Recruiting and workforce planning terminology

Related Terms

Beginner

complaint

The formal grievance that transforms casual workplace whining into official documentation. In HR contexts, it's the trigger for investigations that make everyone uncomfortable; in legal contexts, it's the opening salvo in litigation. Filing one means you've crossed the Rubicon from 'dealing with it' to 'making it everyone's problem.'

👥 Human Resources

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comp ratio

The ratio of an employee's actual salary to the midpoint of their pay range, expressed as a percentage. A fancy way to calculate exactly how underpaid you are relative to market rate.

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Golden Handcuffs

Compensation so generous that you can't afford to leave even though your soul left three years ago. Stock options, deferred bonuses, and pension vesting schedules designed to make quitting feel like financial self-harm.

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Intermediate

total rewards

The complete package of compensation, benefits, perks, and non-monetary incentives offered to employees. What recruiters tout when the actual salary is disappointingly low.

👥 Human Resources

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360 review

A feedback process where everyone in your orbit gets to anonymously roast you, ensuring that workplace grudges can be aired without accountability. It's democracy applied to performance reviews, which works about as well as you'd expect.

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Exit Interview

A conversation where a departing employee is asked to be brutally honest about the company, knowing full well the feedback will be filed somewhere between the recycling bin and oblivion. It's corporate theater at its finest.

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