Gender division is the allocation of roles and responsibilities based on gender. In workplaces, it may refer to differences in job roles, leadership positions, or participation rates between genders. Promoting gender equality helps reduce imbalance and supports inclusive growth.
A gazetted holiday is an official public holiday declared by the government and published in the government gazette. On these days, government offices, banks, and many institutions remain closed. Employees are usually entitled to a paid day off on gazetted holidays.
FY means Financial Year. It is a 12-month period used by businesses and governments for accounting and tax reporting. The financial year may vary by country, and income earned during this period is assessed for taxation.
External stakeholders are parties outside the organization who are affected by or have an interest in its operations. Examples include customers, suppliers, investors, government agencies, and the community. Their influence can impact the organization’s reputation, strategy, and success.
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.
Form 16A is a Tax Deducted at Source (TDS) certificate issued for non-salary income such as interest, commission, or professional fees. It is provided by the deductor to the deductee as proof of tax deducted and deposited with the government. Taxpayers use Form 16A while filing their income tax returns.
A Flexible Benefit Plan (FBP) allows employees to customize their benefits package from a set of available options. Employees can select benefits such as medical, travel, or meal allowances based on personal preferences. This approach increases employee satisfaction and optimizes tax efficiency.
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.
FFM means Field Force Management. It involves managing and monitoring employees who work outside the office, such as sales or service staff. FFM tools help with task allocation, attendance tracking, location monitoring, and performance management.
External stakeholders are parties outside the organization who are affected by or have an interest in its operations. Examples include customers, suppliers, investors, government agencies, and the community. Their influence can impact the organization’s reputation, strategy, and success.
The employee termination process involves officially ending an employee’s employment due to resignation, performance issues, misconduct, or redundancy. It includes documentation, notice period handling, exit formalities, and final settlement. A proper termination process ensures fairness, legal compliance, and smooth transition.
Employee satisfaction is important because it directly affects motivation, productivity, and retention. Satisfied employees are more engaged, committed, and likely to contribute positively to organizational goals. High satisfaction levels also reduce absenteeism and employee turnover.
Employee empowerment refers to granting employees the power and confidence to make decisions related to their work. It involves trust, autonomy, and access to necessary resources. Empowered employees are often more motivated, engaged, and productive.
An employee database is a digital or manual record system that maintains important employee information. It includes details like contact information, job role, salary, attendance, and performance records. This system helps HR manage data efficiently and ensure accurate record-keeping.
Employee assessment refers to evaluating an employee’s job performance, competencies, and development needs. It may include performance reviews, skill tests, or feedback sessions. This process helps organizations make decisions about promotions, training, and career planning.
EAP means Employee Assistance Program. It is a company-sponsored program that offers confidential support for personal or work-related issues such as stress, mental health, or financial concerns. EAPs help improve employee well-being and productivity.
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.