Candidate Experience

Candidate experience describes how applicants feel about a company during the hiring journey. It includes interactions such as job applications, interviews, communication, and feedback. A positive candidate experience strengthens employer branding and attracts high-quality talent.

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Candidate Engagement

Candidate engagement refers to how companies interact and communicate with applicants during recruitment. It includes timely updates, feedback, and personalized communication. Strong candidate engagement improves the hiring experience and increases the chances of attracting top talent.

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BYOD Meaning

BYOD stands for Bring Your Own Device, a policy where employees use their personal smartphones, laptops, or tablets for work tasks. Companies implement BYOD to increase flexibility and reduce hardware costs. Proper security measures are essential to protect company data under this policy.

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By Salary

By Salary is a way of categorizing or filtering employees according to their salary details. HR and payroll teams use it to group employees by pay grade, salary range, or compensation structure. This helps in reporting, payroll processing, and compensation analysis.

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Business Agility

Business agility refers to a company’s capability to respond quickly and effectively to changes in the market or industry. It involves flexible processes, empowered teams, and fast decision-making. Organizations with high business agility can innovate, stay competitive, and manage uncertainty better.

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Benefits Administration

Benefits Administration refers to the management of employee benefit programs such as health insurance, provident fund, bonuses, and paid leave. It includes enrollment, updates, compliance tracking, and communication with employees. Effective benefits administration helps improve employee satisfaction and ensures legal compliance.

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Behavioral Competencies

Behavioral competencies refer to the personal attributes and soft skills that affect how employees perform at work. These include qualities like leadership, adaptability, communication, and teamwork. Organizations use them to evaluate performance, guide training, and support career development.

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Attendance Cycle

Attendance Cycle is the specific time frame during which employee attendance is recorded and calculated. It is usually aligned with payroll cycles, such as monthly or bi-weekly periods. This cycle helps ensure accurate salary calculation, leave tracking, and compliance with company policies.

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Assessment

Assessment refers to the process of evaluating a candidate’s abilities, skills, or performance through tests, interviews, or practical tasks. Employers use assessments during hiring or employee development to make informed decisions. It helps ensure the right person is selected or promoted for a role.

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Absence Management

Absence Management refers to how organizations monitor and manage employee leaves such as sick leave, vacation, or unplanned absences. It helps maintain productivity while ensuring compliance with company policies and labor laws. Effective absence management also improves workforce planning and employee well-being.

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26QB Form

Form 26QB is an online form used to pay and file TDS on the purchase of immovable property in India. Buyers must deduct 1% TDS when the property value exceeds ₹50 lakh and submit this form within the prescribed time. It acts as both a challan and a TDS return for property transactions.

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24Q TDS Return

24Q TDS Return is a quarterly tax statement that employers in India must file to report Tax Deducted at Source (TDS) on salaries. It includes details of employee income, TDS deducted, and challan payments. Employers submit it to the Income Tax Department as part of payroll compliance.

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Work Flexibility

Work flexibility allows employees to adjust their work schedules, locations, or hours to suit personal and professional needs. This may include remote work, flexible hours, or compressed workweeks. Flexible work arrangements improve work-life balance and employee satisfaction.

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Reviewer

A reviewer is an individual who assesses another person’s work, performance, or contributions. In HR and workplace settings, reviewers provide feedback during appraisals or evaluations. Their role helps ensure fairness, improvement, and informed decision-making.

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Leave Policy

A leave policy is a formal document that defines how employees can apply for and use different types of leave. It explains eligibility, accrual, approval processes, and carry-forward rules. Clear leave policies help ensure fairness, transparency, and compliance with labor laws.

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ESI in Salary

ESI in salary is a statutory deduction under the Employee State Insurance scheme in India. It provides employees with medical care, sickness benefits, maternity support, and disability coverage. Both employer and employee contribute a fixed percentage of the employee’s wages toward ESI.

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Workforce Management

WFM, or Workforce Management, refers to tools and processes used to manage employee scheduling, attendance, and workload. It helps organizations ensure the right number of employees are available at the right time. Effective WFM improves productivity, cost control, and employee satisfaction.

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VPF Contribution Limit

The VPF contribution limit defines how much an employee can voluntarily contribute to their Provident Fund in addition to the standard EPF contribution. Employees can contribute up to 100% of their basic salary and dearness allowance. VPF offers the same interest rate and tax benefits as EPF, making it a popular long-term savings option.

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