Companies provide different types of leaves to support employee well-being and work-life balance. Common types include casual leave, sick leave, earned/privilege leave, maternity or paternity leave, and public holidays. Leave policies may vary based on company rules and labor laws.
Transformational leadership is a style in which leaders inspire, motivate, and encourage innovation among team members. It focuses on vision, change, and personal development. Transformational leaders build strong relationships and empower employees to exceed expectations.
Training Needs Analysis (TNA) is a systematic method used to assess employees’ current skills and identify performance gaps. It helps determine the type of training required to meet organizational objectives. TNA ensures that training programs are relevant, targeted, and effective.
Team organization is the arrangement of team members according to defined roles and responsibilities. It establishes reporting relationships, task allocation, and coordination mechanisms. A well-organized team improves accountability, collaboration, and goal achievement.
Team building is the process of strengthening relationships and cooperation among team members. It includes activities that enhance communication, trust, and problem-solving skills. Effective team building improves productivity and overall organizational performance.
The basic taxable income formula is: Taxable Income = Gross Income – Exemptions – Deductions. Gross income includes salary and other earnings, while deductions and exemptions reduce the amount subject to tax as per applicable tax laws.
Tangible direct rewards are visible and measurable benefits provided to employees. These include salary, bonuses, incentives, and gift vouchers. Such rewards directly motivate employees by recognizing their performance and contributions.
TAN Form 49B is the prescribed form for obtaining a Tax Deduction and Collection Account Number (TAN). It is required for entities responsible for deducting or collecting tax at source. The form is submitted as per guidelines issued by the Income Tax Department.
Systemic harassment is a pattern of discriminatory or inappropriate behavior that is supported or tolerated by organizational systems or culture. It goes beyond isolated incidents and reflects deeper structural issues. Addressing systemic harassment requires policy changes, leadership accountability, and cultural reform.
Corporate communication is significant because it maintains a consistent and positive image of the organization. It improves internal coordination and external relationships with stakeholders. Effective corporate communication enhances trust, transparency, and overall organizational success.
A review cycle refers to the regular time interval set for conducting performance evaluations. It may be annual, semi-annual, or quarterly depending on company policy. Review cycles help track progress, set goals, and support employee development.
Retention in HR is the process of maintaining a stable workforce by reducing employee turnover. It involves engagement initiatives, competitive compensation, career development, and positive workplace culture. Effective retention strategies help organizations save hiring costs and sustain performance.
Reduction in workforce (RIF) refers to the elimination of positions within an organization. It may occur due to economic downturns, restructuring, automation, or cost control measures. RIF decisions are typically strategic and not always performance-related.
Recruitment outsourcing refers to hiring external agencies or service providers to manage part or all of the recruitment process. It may include sourcing, screening, interviewing, and onboarding support. This approach helps organizations access expertise, save time, and focus on core business activities.
PT stands for Professional Tax. It is a tax levied by state governments on salaried employees and professionals. Employers deduct PT from salary and deposit it with the respective state authorities as per applicable rules.
Pretax means amounts calculated or deducted before income tax is applied. Common pretax items include retirement contributions, health insurance premiums, or certain allowances. Pretax deductions lower taxable income and can reduce overall tax liability.
Pre-boarding refers to activities conducted after a candidate accepts a job offer but before their first working day. It includes document collection, orientation materials, and communication to keep the new hire engaged. Effective pre-boarding improves onboarding experience and reduces early attrition.
Performance improvement refers to actions taken to enhance employee or organizational performance. It may include goal setting, coaching, training, and performance reviews. The aim is to close performance gaps and achieve better productivity and results.
Organizational structure refers to the system that outlines how tasks are divided, coordinated, and supervised within an organization. It defines reporting relationships, authority levels, and communication flow. A clear org structure improves efficiency, accountability, and decision-making.
NPS stands for National Pension System. It is a voluntary retirement savings scheme where employees and employers contribute a portion of salary toward a pension fund. In India, NPS is regulated by the Pension Fund Regulatory and Development Authority and offers tax benefits under income tax laws.