Emoluments in salary refer to the comprehensive compensation package an employee receives, including basic salary, allowances, bonuses, incentives, perquisites, and retirement benefits. It represents the total monetary and non-monetary remuneration for services rendered, encompassing far more than just the fixed salary component.
A Critical Feedback Report (CFR) is a comprehensive diagnostic report generated by a system or application when it encounters a critical issue or event that requires immediate attention. These reports capture detailed information, including error logs, system metrics, and diagnostic data, to assist in identifying and resolving the root causes of performance problems, errors, or unexpected behavior.
Allowances in salary refer to fixed amounts provided by employers to employees in addition to their basic pay. These are compensation components designed to cover specific expenses or needs related to job roles or personal circumstances.
360-degree feedback, also known as multi-rater feedback or multi-source feedback, is a comprehensive performance evaluation process that involves collecting feedback from multiple sources about an individual’s performance, competencies, and behaviors in the workplace.
The absenteeism rate is a metric that measures the percentage of unplanned absences in a workplace over a specific period of time.
Employee turnover rate refers to the proportion of employees who leave a company over a certain period of time. 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 same time period.
