HR Glossary

What is Balanced Scorecard?

A strategic management and performance measurement framework that tracks organizational health across four perspectives: Financial, Customer, Internal Business Processes, and Learning and Growth, preventing overreliance on financial metrics alone when evaluating business success.

Why it matters in hiring

Balanced Scorecard comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with B

• Back Pay
• Background Check
• Background Verification
• Bahrainization (Bahrain)
• Base Salary
• Behavioral Interview
• Behaviorally Anchored Rating Scale (BARS)
• Bell Curve (Forced Distribution)

Part of the springhire HR glossary, 1,150+ HR, payroll and recruiting terms defined. Free, no signup.