A job requisition, often called a "req," is the formal internal request and approval that authorises a vacancy to be recruited for. It typically captures the position, the cost centre it will be budgeted against, and the approval needed to spend on filling it.
What it means
Requiring a signed-off requisition before recruiting starts is a control that prevents headcount growing without budget approval - it ties every active recruitment search back to an approved position and cost centre.
Where it fits in
The requisition's cost centre is where the new hire's payroll cost will eventually land once they are appointed, linking the recruiting approval all the way through to the budget that absorbs the resulting payroll expense.
Key rules
- The internal approval authorising recruitment for a specific vacancy.
- Captures the position and the cost centre the role is budgeted against.
- A control preventing unapproved headcount growth.
- Links the eventual hire's payroll cost back to an approved budget line.
