Author: Santosh B

An audit is a formal examination of an organization’s financial statements, operations, or compliance processes. It helps verify accuracy, identify risks, and ensure rules and standards are being followed. Audits can be internal or conducted by independent external auditors.

Arrear payment is the amount paid to an employee for earnings that were due in a previous pay period but paid later. It commonly occurs after salary revisions, promotions, or payroll corrections. Arrears ensure employees receive the full compensation they are entitled to.

An Applicant ID is a unique code given to each candidate during the recruitment process. It helps employers track applications, interview stages, and hiring decisions accurately. This identifier ensures organized record-keeping within applicant tracking systems (ATS).

Annual gross salary refers to the total amount an employee earns in a year before any taxes or deductions are applied. It includes basic salary, allowances, bonuses, and other earnings. This figure is commonly used for offer letters, tax calculations, and salary comparisons.

Analytical thinking refers to the skill of examining data, situations, or problems in a structured and logical way. It involves identifying patterns, evaluating options, and drawing clear conclusions. This skill is essential for problem-solving, planning, and decision-making across roles.

Agile HR is a people management approach that adapts agile methodologies to human resources practices. It focuses on continuous feedback, cross-functional collaboration, and quick responses to change. This helps organizations better align HR processes with evolving business needs and employee expectations.

An Affirmative Action Plan is a formal policy that helps organizations ensure fair hiring, promotion, and workplace practices. It focuses on reducing discrimination and improving representation of underrepresented groups. Employers often use it to meet legal requirements and support diversity and inclusion goals.

A Shift Timings describe the earliest scheduled work shift in an organization’s daily operations. It typically covers morning hours and is common in manufacturing, healthcare, and shift-based workplaces. Employers use A shifts to ensure continuous operations and balanced workforce scheduling.