UK Recruitment Glossary
Cold Application
In recruiter context
These convert at single-digit rates on most job boards. Easy Apply on LinkedIn is the coldest of cold — high volume, low signal. A warm application (referral, prior conversation, or applying after a recruiter reaches out) converts somewhere between 5 and 10 times higher. If you're sending 50 cold applications a week and getting nothing, the issue is rarely your CV. It's the channel.
Related terms
Contingent Search
The recruitment model where the agency only earns a fee if their candidate is successfully placed.
Equity / Share Options
An ownership stake in your employer, granted as options or shares that vest over time.
PILON
Pay In Lieu Of Notice — the employer pays you for the notice period instead of having you work it.
Boolean Search
Recruiters using AND, OR, NOT operators on LinkedIn or job boards to find candidates.