Unemployed describes people who do not have a job but are willing and actively looking for employment. It is an important economic indicator used to measure labor market health. Governments track unemployment rates to assess economic performance and workforce trends.
Total Target Cash refers to the combined amount of fixed salary and variable pay an employee is expected to earn if performance goals are met. It excludes non-cash benefits like stock options or insurance. Organizations use TTC to communicate overall earning potential clearly.
A spot award is an immediate reward granted to employees who demonstrate exceptional effort or achievement. It is usually given without waiting for formal appraisal cycles. Organizations use spot awards to encourage motivation, engagement, and high performance.
Source of hire tracks the channel through which a candidate was successfully recruited. Common sources include employee referrals, job portals, campus placements, or recruitment agencies. Organizations use this metric to evaluate hiring effectiveness and optimize recruitment strategies.
India does not have a single Social Security Number like some other countries. Instead, identification numbers such as Aadhaar and PAN serve similar purposes for taxation, benefits, and employment documentation. Employers use these IDs for payroll processing and statutory compliance.
A social media background check involves examining a candidate’s publicly available social media activity. Employers may review posts, comments, and professional profiles to assess cultural fit or potential risks. Organizations must follow privacy laws and avoid discriminatory practices during this process.
A simple structure is an organizational model with few management layers and a clear chain of command. Decision-making authority is typically centralized with the founder or top leader. This structure is common in startups and small businesses due to its flexibility and fast communication.
Scheduled off is a designated rest day included in an employee’s work roster. It is planned in advance and differs from casual or emergency leave. Organizations use scheduled offs to manage shift rotations, workload balance, and employee well-being.
Roster management involves planning and organizing employee work schedules. It ensures the right number of employees are assigned to shifts based on workload and business needs. Effective roster management improves efficiency, reduces overtime, and supports compliance.
Reduction in Force (RIF) refers to the elimination of positions within an organization because of financial constraints, restructuring, or operational changes. It is not related to employee performance or misconduct. Employers typically follow legal guidelines and may provide severance packages during a RIF.
Retention rate measures how well a company keeps its employees over time. It is calculated by comparing the number of employees who stay during a period to the total workforce. A high retention rate indicates strong employee satisfaction and effective HR practices.
A restricted holiday is a leave option where employees select certain holidays from a predefined list. Unlike mandatory public holidays, it allows flexibility based on individual beliefs or regional significance. Companies include restricted holidays in their leave policy to promote inclusivity and diversity.
Resignation occurs when an employee chooses to end their employment with an organization. It usually involves submitting a formal notice and completing a notice period. Employers follow exit procedures to ensure smooth offboarding and knowledge transfer.
Reporting structure outlines the chain of command in a company. It clarifies relationships between managers and employees and defines accountability. A clear reporting structure improves communication, decision-making, and operational efficiency.
Replacement charts map out critical positions within an organization and list employees who can step into those roles if needed. They help HR teams prepare for unexpected vacancies or retirements. This tool supports effective succession planning and business continuity.
Red circle rates occur when an employee’s pay is higher than the approved salary range for their position. This may happen due to promotions, role changes, or legacy compensation structures. Organizations typically freeze increases or adjust roles to manage red circle situations.
Recruitment analytics involves analyzing data from the hiring process to improve decision-making. It includes tracking metrics like time-to-hire, cost-per-hire, and source effectiveness. Organizations use recruitment analytics to enhance efficiency, reduce bias, and attract high-quality talent.
Range spread refers to the gap between the lowest and highest salary in a defined pay band. It is usually expressed as a percentage of the minimum salary. HR teams use range spread to structure compensation growth and maintain internal pay equity.
Profit per employee calculates how much profit a company generates for each employee. It is determined by dividing total net profit by the number of employees. Organizations use this metric to assess operational efficiency and workforce productivity.
Process intervention is a method used to help teams analyze and improve how they work together. A facilitator observes interactions and guides members to identify communication or workflow issues. This approach strengthens collaboration, decision-making, and overall team effectiveness.