Lateral Move

A lateral move is when an employee shifts to another position within the organization at the same job level. It usually does not involve a promotion or pay raise. Lateral moves help employees gain new skills and broaden their experience.

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Labour Union

A labour union is an association of employees formed to safeguard their rights and interests. It represents workers in negotiations with employers regarding wages, benefits, and working conditions. Labour unions play a key role in collective bargaining and workplace dispute resolution.

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ISO 9000

International Organization for Standardization developed ISO 9000 as a family of quality management standards. It provides guidelines for establishing effective quality management systems (QMS). Organizations use ISO 9000 standards to improve processes, ensure consistent quality, and enhance customer satisfaction.

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Interview Schedule

An interview schedule is a planned timetable for conducting candidate interviews. It includes details such as date, time, interview format, interviewer names, and candidate information. A clear interview schedule ensures a smooth and organized recruitment process.

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Internal Job Posting

Internal Job Posting (IJP) is a hiring method where open positions are first announced to current employees. It allows staff members to apply for new roles, promotions, or transfers within the company. IJP supports career growth, employee retention, and internal talent development.

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In Basket Technique

The In Basket Technique is a performance assessment tool used in HRM to evaluate decision-making and time management skills. Candidates are given a set of simulated emails, memos, or tasks to prioritize and resolve. It helps measure managerial and problem-solving abilities in realistic work scenarios.

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Importance of Tax

Tax is important because it provides revenue for the government to fund public services such as healthcare, education, defense, and infrastructure. It supports economic development and social welfare programs. Paying taxes also helps maintain financial stability and national growth.

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SHRM

SHRM means Strategic Human Resource Management. It integrates HR practices such as recruitment, training, and performance management with organizational goals. This strategic alignment helps improve productivity, employee engagement, and long-term business success.

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Aptitude Test in HRM

An aptitude test in Human Resource Management (HRM) evaluates a candidate’s natural abilities such as logical reasoning, numerical skills, and problem-solving. It helps employers predict job performance and suitability for a role. These tests support objective and data-driven hiring decisions.

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Quality Management

Quality Management refers to the process of maintaining and improving the quality of products or services. It involves setting standards, monitoring performance, and making continuous improvements. Effective quality management increases customer satisfaction and organizational efficiency.

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Importance of CV

A CV (Curriculum Vitae) is important because it showcases a candidate’s education, skills, and work experience. It serves as the first impression for recruiters during the hiring process. A well-prepared CV increases the chances of securing interviews and job opportunities.

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HR Induction

HR induction is the process of welcoming and orienting new employees to the organization. It covers company policies, job responsibilities, workplace culture, and key procedures. A proper induction program helps employees adjust quickly and become productive.

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HR Allowances

HR allowances are extra payments provided to employees apart from their basic salary. These may include House Rent Allowance (HRA), travel allowance, medical allowance, and special allowances. Allowances help employees manage specific expenses and form part of the overall salary structure.

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Gratuity in HR

Gratuity is a financial benefit paid by an employer to an employee for long-term service. In many countries, including India, it is payable after completing a minimum of five years of continuous employment. It acts as a reward for loyalty and service at the time of resignation, retirement, or termination (under eligible conditions).

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Form 16

Form 16 is a certificate issued by an employer to an employee in India. It provides details of salary paid and Tax Deducted at Source (TDS) during the financial year. Employees use Form 16 to file their income tax returns accurately.

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