Here’s the list of 25 common short phrases used by employees in the workplace. Be familiar with these word and feel confidence in your office.
ASAP – As soon as possible.
FYI – For your information.
EOD – End of Day.
TBA – To Be Announced.
WFH – Work from Home.
WFO – Work from Office.
SLA – Service Level Agreement.
A Service Level Agreement (SLA) is a formal, written contract between a service provider and a customer that defines the level of service expected from the provider. It outlines specific metrics, targets, and standards that the service provider agrees to meet, such as response times, uptime, or quality of service.
On the same page – To be in agreement or understanding about something.
FTE – Full-Time Equivalent.
It is a unit of measurement used to quantify the total number of work hours contributed by employees. An FTE of 1.0 typically represents one full-time employee who works the standard number of hours, which is often 40 hours per week (depending on the company or country).
KPI – Key Performance Indicator.
A Key Performance Indicator (KPI) is a measurable value that demonstrates how effectively an individual, team, or organization is achieving a business objective. KPIs are used to track progress toward specific goals and help businesses assess their success or areas that need improvement.
QA – Quality Assurance.
IST – Indian Standard Time.
In the loop – Being kept informed or updated on a topic.
In the pipeline – Refers to something that is being worked on or is coming soon.
POSH – Prevention of Sexual Harassment.
It is a policy or framework often implemented in workplaces, educational institutions, or other organizations aimed at preventing incidents of sexual harassment, ensuring a safe environment for all individuals. It includes measures for awareness, reporting, and addressing complaints of harassment.
Let’s wrap it up – Finish the task or meeting.
MOM – Memorandum of Meeting.
A MOM (Memorandum of Meeting) is a formal document that summarizes the key points discussed, decisions made, and actions agreed upon during a meeting. It serves as an official record for future reference and ensures that all participants are on the same page regarding what was discussed and what needs to be done next.
CC – Carbon Copy.
NDA – Non-Disclosure Agreement.
TAT – Turnaround Time.
TAT stands for Turnaround Time. It refers to the total time taken to complete a process or fulfill a task, from the moment it starts until it is finished.
PIP – Performance Improvement Plan.
PIP stands for Performance Improvement Plan. It is a formalized process used by employers to address and improve an employee’s job performance when they are not meeting expectations or standards. The goal of a PIP is to help the employee improve and succeed in their role by providing specific guidance, resources, and support.
OT – Overtime.
HIPAA – Health Insurance Portability and Accountability Act.
A law that protects patient privacy and ensures the confidentiality of medical information.
LCD – Local Coverage Determination.
Medicare policies that determine which services are covered in specific geographic areas.
WFO – Work from Office.
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