Succession planning is the deliberate process of preparing people to take over important roles when current role holders leave, move on, or become unavailable. In a business, it can help protect continuity in leadership and essential work; in a family, it may concern the transfer of a business or responsibilities between generations. The phrase is […]
A stretch goal is an intentionally ambitious target that asks a person or team to go beyond its usual or expected level of performance. It is meant to encourage extra effort or new approaches, not to describe an impossible task. The phrase is standard business English, especially in management and project planning, although it can […]
Stock options are contracts or compensation rights connected to shares of a company. In investing, the phrase most often means a contract giving its buyer the right, but not the obligation, to buy or sell shares at an agreed price under specified terms. At work, it can mean an employee benefit that gives someone the […]
A stand-up meeting is a brief team check-in for sharing useful updates, identifying obstacles, and coordinating work. The name comes from the traditional idea of meeting while standing, but participants do not have to stand: remote teams and people who need to sit can use the same format. The term is standard workplace English, not […]
A spot bonus is a discretionary reward an employer gives an employee for a specific contribution or achievement, usually close to when it happens. It is meant to recognize something noteworthy outside the ordinary rhythm of pay or scheduled incentives. The phrase is established in workplace and human-resources usage, not slang, but it is not […]
A split shift is a work schedule in which an employee works two or more separate periods in one day, with a substantial gap between them. For example, a restaurant worker might serve breakfast, leave for several hours, and return for the evening service. The phrase is standard workplace English, not slang: it describes how […]
Span of control is the number of people who report directly to a manager. It is a standard term in management and organizational design, not slang or an informal expression. The idea helps describe how a workplace distributes supervision: a manager with five direct reports has a span of control of five, whether or not […]
A SMART goal is a goal written so it is clear what you intend to do, how progress can be judged, and when you will review or complete it. The framework is often used at work, in education, and for personal plans because it turns a broad intention into something easier to act on. SMART […]
A signing bonus is extra compensation an employer offers to encourage someone to accept a job or sign an employment agreement. It is usually separate from base salary and may be paid as a lump sum or in installments. The phrase is standard English in recruiting, business, and professional sports; it is not slang. Understanding […]
Self-assessment is the process of examining and judging your own knowledge, skills, performance, needs, or circumstances. It can mean a quick personal check-in, a structured review at school or work, or—in a specific tax context—a formal way of reporting information. The exact meaning depends on where the term appears. In everyday English, self-assessment is a […]