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.
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.
E-Recruitment refers to conducting recruitment processes through online platforms such as job portals, company websites, and social media. It helps organizations reach a wider pool of candidates quickly and cost-effectively. Digital tools also streamline resume screening and communication with applicants.
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.
Disengaged employees are individuals who show low enthusiasm and minimal involvement in their work. They may perform basic tasks but lack motivation and commitment. Employee disengagement can reduce productivity, morale, and overall organizational performance.
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.
Defamation refers to communicating false information that damages someone’s reputation. It can occur in written form (libel) or spoken form (slander). In workplace contexts, defamation may lead to legal consequences if proven harmful and untrue.
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 cross functional team consists of members from various departments such as HR, finance, marketing, and operations. They collaborate to solve problems or execute projects that require diverse expertise. This approach improves innovation, coordination, and decision-making across the organization.