Attrition Rate
Uncover the truth behind attrition rates. Let's explore why employees leave and how to boost retention. Your workforce deserves the best
Payroll
Payroll is the total of all compensation a business must pay to its employees for a set period of time or on a given date and is managed by the accounting or human resources department of a business
Cost to Company (CTC)
Cost to Company (CTC) refers to the total salary package of the employee it is inclusive of all monthly components such as basic pay, reimbursements, etc and all annual components such as gratuity, annual variable pay etc
Equity Theory
Equity theory is a motivation theory that says that employee motivation is mostly determined by their sense of fairness at work
Employee Satisfaction
Employee satisfaction is a term that is used to describe if employees are happy and fulfilling their desires and needs at work. The crucial factor with employee satisfaction is that satisfied employees must do the job and make the contributions that the employer needs
Decentralization
Decentralization refers to the distribution of power, authority, and decision-making away from a central authority or governing body
Notice Period
Notice period is the time between the date of resignation and the last day of employment of an employee who resigns from a company, read more
Group dynamics
Group dynamics as a term can be used as a means for solving any sort of problem, influencing teamwork, and to become more innovative and productive as an organization
Leadership Development
Enhance your leadership abilities and drive organizational success through leadership development
Muster Roll
Muster roll is an essential attendance record-keeping document in an organization used to track personnel activity, read below to know more
Work Ethics
Work ethics are moral guidelines that an organization as a whole, and the individuals who comprise it, follow to comply with state and federal laws
Retrenchment
Learn the meaning of retrenchment and how it differs from layoffs. Our glossary defines this important term in the context of business and human resources
Walk-In Interview
Learn the benefits of walk-in interviews are and find out how they can help companies quickly and efficiently evaluate candidates, click here to read more
In-Basket Technique
In basket technique, also known as an in-basket training method, it is used by businesses and governments to hire or promote employees. The in-basket exercise involves placing a range of concerns or issues in an "in-basket" to familiarise employees with their jobs
Equal Employment Opportunity (EEO)
Equal Employment Opportunity is the concept of equal opportunity in an organization to achieve or maintain fair employment
Training and Development
Training and development initiatives aim to enhance the skills and knowledge of employees while also enriching their personal lives
Employment
What is employment, and how does it define the working relationship between individuals and organizations? Find out in this glossary
Budget
A budget is an approximation of revenue and expenses over a specified future period of time and is usually compiled and re-evaluated on a periodic arrangement
Harvard Framework for HRM
The Harvard framework for HRM is an HR model that takes a more holistic approach to HR, including different levels of outcome
Job Description
Writing a job description? In this glossary, we'll cover the key elements of an effective job description and how to write one that is accurate and appealing
Occupational safety
How can you ensure workplace well-being? Explore the world of occupational safety in our informative journey towards a safer environment