Variable Pay – Meaning, Types, Advantages and Disadvantages
Employers may offer variable pay to incentivise and recognise their employee’s job performance. It’s an extra payment that may be given...
Business Account – Types, Benefits and How to Open One
A business account is a bank account designed explicitly for business owners to handle their cash flow. Business owners must comprehend the...
Employee Engagement – Definition, Benefits and How to Improve It
Employee engagement has evolved significantly over the years. The focus now is on employers ensuring their employees feel fulfilled and are...
Talent Management – Definition, Importance, Process and Model
Talent Management is an approach organisations use to attract, develop and retain employees. It involves all the processes and systems that...
Employee Retention – Meaning, Benefits and Strategies
Employee retention is vital to maintaining a stable and productive workforce. In today’s competitive job market, where skilled...
Compensation and Benefits – The Complete Guide
Compensation and benefits are the rewards offered to employees for their services and contributions to an organisation. An appealing...
Non-Disclosure Agreement (NDA) – Types & Example
A non-disclosure agreement (NDA) is a legally binding contract that facilitates a confidential relationship between two parties. One party...
What Is a Startup? It’s Types And Advantages
A startup is typically a newly established company in the beginning operational phases. Founded by one or more entrepreneurs, startups aim...
Employee Assistance Program – Wellness at Work
An employee assistance program is a benefit employers provide to help employees with personal or work-related issues that could impact...
Corporate Social Responsibility – Ethics in Action
Corporate Social Responsibility is a crucial part of business, focusing on ethical practices, sustainability, and benefiting society and...
