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Tag: #HR #HRWord #HRJargons

HR Word of The Day 0

#HR #Word: #Picketing

Picketing is a form of protest in which people (called picketers) congregate outside a place of work or location where an event is taking place. Often, this is done in an attempt to dissuade others from going in (“crossing the picket line”), but it can also be done to draw public attention to a cause. The unionized workers who are […]

HR Word of The Day 0

#HR#Word: #Host#Country #Effect

Host country effect is the change that a company has to adopt in terms of hr practices, legal bindings, business policies etc when it sets up its business in another country or the host country. Host country is the country where a multinational company establishes its subsidiaries to grow its business. Every country has its own culture and legal bindings […]

HR Word of The Day 0

#HR #Word:P-O #Fit (#Person-#Organization #Fit)

Using Person-Organization Fit In Selection Imagine a situation in which an individual has found an occupation that suits his needs, works for a pleasant supervisor, and receives a competitive wage and benefits.  While this may sound like a storybook tale, if we further consider that the same individual enjoys working in teams, is excited by working to meet challenging goals, […]

HR Word of The Day 0

#HR #Word:#Golden #Parachute

A golden parachute is an agreement between a company and an employee (usually a high level executive) that provides significant financial benefits to the employee upon termination. . Golden parachutes are usually reserved by the enterprise for the top level management executive of the organization. The benefits package mostly consists of a list of specific terms that tells us what the terminated […]

HR Word of The Day 0

#HR Word:#Golden #Handcuffs

Golden handcuffs, a phrase first recorded in 1976, refers to financial allurements and benefits that have the objective to encourage highly compensated employees to remain within a company or organization instead of moving from company to company (or organization to organization)  ​Golden Handcuff is financial incentive & other benefits offered to key employee as measure to retain them in the […]

HR Word of The Day 0

#HR #Word: #Going #Rate

Going Rate is a part of the compensation & benefit structure of an organization, where the focus is on how the employees are being paid.  It is basically being paid according to that of the industry standards, or what the other companies in the region are following. Going rate is a part of the competitive compensation for any employees. Working […]

HR Word of The Day 0

#HR #Word:#Intellectual #Capital

The term “Intellectual Capital” collectively refers to all resources that determine the value of an organization, and the competitiveness of an enterprise.  Understandably, the term “intellectual capital” from a human resources perspective is not easily translatable into financial terms.  For all other assets of a company, there exist standard criteria for expressing their value.  Perhapss, this term could more appropriately […]