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HR Glossary

What is Basic Salary in India?

What is Basic Salary in India?

14-minutes read ● Updated: 22nd February, 2025 Have you ever wondered what lies at the heart of your monthly paycheck? The answer is the basic salary – the key component that shapes your overall earnings. In India’s evolving job market, understanding how it works is...

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What is the Probation Period?

What is the Probation Period?

10-minutes read ● Updated: 11th February, 2025 In today’s competitive job market, organizations invest significant resources in hiring the right talent. However, no matter how meticulous the recruitment process is, it’s difficult to predict how a new employee will...

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What is an Appointment Letter?

What is an Appointment Letter?

18-minutes read ● Updated: 4th February, 2025 Have you ever found yourself in a situation where you’ve been offered a job, but you’re unsure about the specifics of the role, compensation, or terms of employment? This is where an appointment letter comes into play. An...

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What Is Net Promoter Score (NPS)?

What Is Net Promoter Score (NPS)?

13-minutes read ● Updated: 1st February, 2025 Have you ever wondered how companies like Apple, Amazon, and Starbucks keep their customers so happy and loyal? The secret lies in their crucial metric, the Net Promoter Score (NPS), which helps them measure and improve...

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What is Employee Turnover Rate?

What is Employee Turnover Rate?

10-minutes read ● Updated: 24th January, 2025 Are you finding it difficult to retain your best employees? In today’s competitive job market, many Indian companies are facing the challenge of high employee turnover. Talented professionals are increasingly seeking...

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What is Sabbatical Leave?

What is Sabbatical Leave?

10-minutes read ● Updated: 23rd January 2025 Imagine stepping away from your daily work routine—not for a weekend or a vacation, but for an extended period to recharge, learn something new, or focus on personal growth. Sounds like a dream, right? That's exactly what a...

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What is the Absenteeism Rate?

What is the Absenteeism Rate?

12-minutes read ● Updated: 16th January, 2025 Are you struggling with high absenteeism rates in your Indian workplace? Excessive employee absenteeism can harm your business, leading to decreased productivity, increased costs, and negatively impacting overall...

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FnF (Full and Final)

FnF (Full and Final)

The FnF payment brings complete closure to the financial relationship or dealings between the involved parties. Once a FnF is made, it indicates there are no further outstanding payments or liabilities on either side. Now, let's embark on this journey to explore the...

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Earned Leave (EL)

Earned Leave (EL)

Earned Leave or EL is one of the most important leave benefits for salaried employees in India. It allows employees paid time off from work to rejuvenate, pursue personal interests and attend to family responsibilities. However, the EL policies and regulations differ...

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