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  2. Glossary

Glossary

What exactly is a “workation”? Ever wondered who “permalancers” and “moonlighters” are?
Discover the key terms defining the New Work era.

  • Variable Workforce

    [ˈvɛriəbl ˈwɜrkfɔrs]

    A staffing model that includes a mix of full-time employees, part-time workers, freelancers, and temporary staff to meet fluctuating business demands.

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  • Vertical Freelancing

    [ˈvɜrtɪkl ˈfriːlænsɪŋ]

    A freelancing approach where an individual focuses on offering specialized services within a specific industry or niche rather than providing a broad range of services across multiple industries.

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  • Virtual Water Cooler

    [ˈvɜrtʃuəl ˈwɔtər ˌkuːlər]

    An online space for informal employee interaction

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  • Work From Anywhere (WFA)

    [wɜrk frʌm ˈɛniwɛr]

    A remote work policy where workers are encouraged to work from anywhere in the world.

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  • Work-For-Hire Agreement

    [wɜrk fɔr haɪr əˈɡrimənt]

    A contract transferring copyright or intellectual property rights to the employer

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  • Workation or Workcation

    [wərˈkeɪʃən]

    A blend of "work" and "vacation," a working arrangement where individuals, particularly freelancers or remote employees, combine their professional responsibilities with a vacation.

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  • Zero-Hour Contract

    [ˈzɪroʊ ˈaʊər ˈkɒntrækt]

    An employment agreement without guaranteed working hours

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