HR Glossary

What is Transfer Pricing (HR)?

The practice of setting prices for transactions between related entities within a multinational company, including the allocation of employee costs, management fees, and intercompany service charges that directly affect HR and payroll operations.

Why it matters in hiring

Transfer Pricing (HR) 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 T

• Total Rewards
• TradeUp / Skills Training (Australia)
• Training Needs Analysis (TNA)
• Training ROI
• Transport Allowance (UAE)
• Travel Allowance
• Tripartite Guidelines (Singapore)
• Tuition Reimbursement

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