Best Buy

Definition

In the context of human resources management, "Best Buy" refers to the optimal combination of recruitment, training, and employee benefits that leads to the highest level of performance and satisfaction among employees. This strategy enables an organization to effectively manage its human resources while achieving superior business results.

Related terms

Recruitment:

The process of identifying and attracting qualified individuals to fill job vacancies within an organization.

Employee Training: A program designed by an organization to boost employees' knowledge and skills for their current job role.

Employee Benefits: Non-wage compensation provided to employees in addition to their normal salaries or wages