What is Form 12BA? Format, Purpose and Applicability
Form 16 and Form 12BA are essential documents for salaried individuals. Form 12BA is an annexure to Form 16. It provides details about the...
What is Employee Lifecycle? Definition and Different Stages
Understanding the employee lifecycle and effectively engaging with individuals at each stage can help attract suitable candidates, enhance...
What is Cash Management? Definition, Importance & Functions
Managing available capital is crucial for the survival of a small business. Cash management, a fundamental aspect of business operations,...
What are Job Evaluation Methods? Meaning, Methods & Examples
Within any corporate set-up, job evaluation is key in promoting pay equality. Although it can seem complex, it is an essential process. The...
What is Cost to Company (CTC)? Meaning, Calculation, Examples
Cost to Company, or CTC, can be defined as the annual expenditure incurred by a company to pay an employee. This amount combines the salary...
What is Quality Management? Definition & Importance
Quality is important when it comes to products and services we use every day. We want to know that what we’re buying or using is good...
What is Human Resource Planning (HRP)? Meaning, Process, and Examples
Human resource planning (HRP) is crucial for organisations to understand their staffing needs. It involves identifying a business’s...
Evolution of HRM – Features, Objectives, and Characteristics
Human resource management has evolved a lot over the years. Its core responsibilities have changed greatly. It is more than just a body...
What is a Compa-ratio? – How to Calculate
Attracting and retaining top talent is essential for the success of any organisation. One crucial aspect of ensuring this is that employees...
What is Absenteeism? Definition, Causes and Impact
A great workforce can be the key to success, and the happiness and well-being of employees play an essential role. However, even with a...
