An appointment letter is an official document issued by an employer to a prospective employee, confirming their selection for a specific job role. It outlines the job title, responsibilities, compensation, benefits, and terms of employment.

An appointment letter is an official document issued by an employer to a prospective employee, confirming their selection for a specific job role. It outlines the job title, responsibilities, compensation, benefits, and terms of employment.
A good NPS score is generally considered to be anything above 0, meaning you have more Promoters than Detractors. Scores above 70 are excellent, while anything below 0 is cause for concern.
Employee turnover rate refers to the proportion of employees who leave a company over a certain period. It is typically expressed as a percentage and is calculated by dividing the number of employees who have left the organization by the average number of employees in that period.
Sabbatical leave is an extended break from work, typically granted after a certain period of employment. It’s often used for rest, personal development, or pursuing other interests, with job security.
The absenteeism rate is a metric that measures the percentage of unplanned absences in a workplace over a specific period of time.
15-minute read ● Updated: 18 December, 2024 Managing human resources (HR) is very important for running any company. In today's busy business world, companies need good HR systems to make their HR tasks easier. HR systems help by automating tasks like...
12 minute read ● Updated: 22 October, 2024 IntroductionWhat is HRMS?Why HRMS is Important?Key Functions of Human Resource Management System (HRMS)Benefits of Human Resource Management System (HRMS) for an OrganizationHow to Choose the Right HR Software?ConclusionFAQs...
FnF, which stands for Full and Final, is a financial settlement made between two parties to fully close outstanding dues, liabilities, or contractual obligations. It signifies a complete and final payment towards any amounts owed between two individuals, companies, or organizations.
In today's rapidly evolving business landscape, where talent is the driving force behind success, organizations are constantly seeking ways to optimize their human capital management strategies. The quest for top talent has given rise to a thriving HR...
Earned Leave, also known as Privilege Leave (PL) or Vacation Leave (VL), refers to paid time off that employees are entitled to annually based on their work tenure. Employees ‘earn’ these leaves in return for days worked during the year. Earned Leave is also sometimes termed as Annual Leave (AL) or Flexi Holiday by certain organizations.