1. Business & Finance

Business, Management, Human Resources Dictionary: O

Find business, management and human resources terminology - the terms that begin with O in the glossary.

Glossary Index: A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Occupational Outlook Handbook

The Occupational Outlook Handbook is a nationally recognized source of career and job information, designed to provide valuable assistance to individuals making decisions about their future work lives.

On-the-Job Training

On-the-job training, also known as OJT, is teaching the skills, knowledge, competencies, and that are needed to perform a specific job within the workplace and work environment. On-the-job training uses the regular or existing workplace tools, machines, documents, equipment, knowledge and skills necessary for an employee to learn to effectively...

Onboarding

Onboarding or new employee orientation is the process for welcoming a new employee into your organization. Onboarding, often spearheaded by a meeting with the Human Resources department, generally contains information about safety, the work environment, the new job description, benefits and eligibility, company culture, company history, and...

Optimism

Optimism is the propensity to look at the bright side of any situation and expect the best possible outcome from any series of events.

Organizational Chart

An organizational chart is a visual communication tool. The organizational chart allows employees and other stakeholders to see the reporting relationships in an organization. The organizational chart is a reflection of your organization’s culture.

Organizational Culture

Culture is made up of the values, beliefs, underlying assumptions, attitudes, and behaviors shared by a group of people. Culture is the behavior that results when a group arrives at a set of - generally unspoken and unwritten - rules for working together. An organization’s culture is made up of all of the life experiences each employee brings...

Orientation

New employee orientation is the process for welcoming a new employee into your organization. New employee orientation, often spearheaded by a meeting with the Human Resources department, generally contains information about safety, the work environment, the new job description, benefits and eligibility, company culture, company history, and...

Outsourcing

Outsourcing is hiring a third party to provide certain services that you traditionally managed and implemented in-house. Find out more about what businesses outsource and where the trend is leading.

Overtime

Overtime is considered to be hours that a nonexempt employee works over 40 hours during a work week. Learn more about overtime.

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