✨ Here are some Top HR Terms for you....
....TOP HR TERMS....??
*Onboarding ?
? The process of welcoming and training new employees.
*Probation Period ⏳
? A trial period to evaluate a new employee’s performance.
*Job Description (JD) ?
? A detailed outline of a job’s roles and responsibilities.
*Recruitment ?
? The process of attracting and hiring talent.
*HR Policies ?
? Rules and procedures that govern workplace operations.
*Key Performance Indicators (KPIs) ?
? Measurable goals to track employee performance.
*Workplace Culture ?
? The shared values, attitudes, and practices in an organization.
*Code of Conduct ?
? Rules and guidelines for workplace behavior.
*Payroll ?
? The process of calculating and distributing employee salaries.
*Compensation and Benefits (C&B) ?
? Salary, bonuses, and perks provided to employees.
*Leave Policy ?️
? Guidelines for availing vacation, sick, or other types of leave.
*Employee Engagement ?
? Strategies to boost employee morale and commitment.
*Exit Interview ?
? A discussion with an employee leaving the organization.
*Human Resources Information System (HRIS) ?
? Software used to manage HR tasks and data.
*Performance Appraisal ?
? A review of an employee’s work and achievements.
*Learning and Development (L&D) ?
? Training programs to improve employee skills.
*Succession Planning ?
? Preparing employees to take on leadership roles in the future.
*Grievance ⚖️
? A formal complaint raised by an employee.
*Diversity and Inclusion (D&I) ?
? Efforts to create a fair and inclusive workplace.
*Work-Life Balance ⚖️
? Maintaining a healthy balance between work and personal life.
*Full-Time Equivalent (FTE) ?
? A unit that calculates employee workload equivalency.
*Employee Referral ?
? Employees recommending potential candidates for jobs.
*Exit Clearance ✅
? A formal process to settle dues before an employee leaves.
*Attrition ?
? The rate at which employees leave an organization.
*Conflict Resolution ?️
? Addressing and resolving workplace disputes.
*Probation Extension ⌛
? Extending the trial period for evaluating performance.
*HR Analytics ?
? Using data to improve HR decision-making.
*Employee Recognition ?
? Rewarding employees for outstanding work.
*Equal Employment Opportunity (EEO) ⚖️
? Ensuring fairness in hiring and promotions.
*Flexible Working Hours ?
? Allowing employees to set work hours outside the traditional schedule.
CTC vs. Take-Home Salary: The Harsh Reality !!! ?
Many professionals assume that a higher CTC means significantly more money in hand. But the truth is:
? 10 LPA ≠ ₹83,333/month (it's closer to ₹70,500)
? 50 LPA ≠ 5x your take-home (it’s ~₹2,80,917, only 4x!)
As your CTC grows, a big chunk goes into:
? Taxes (5-20%)
? Benefits & deductions (insurance, PF, ESOPs)
? Variable pay (which you may not always receive)
At the end of the day, you often take home just 50-60% of your CTC. And the higher your salary, the bigger this gap gets!
So, what’s the solution?
A salary alone won’t make you financially free. You need to:
✅ Invest in passive income sources – A small business, rental property, or stocks can create additional cash flow.
✅ Learn high-value skills – Skills that don’t trade time for money (like trading, consulting, or automation) offer greater earning potential.
✅ Monetize your expertise – Many top professionals eventually build their own businesses or consultancies.
✅ Plan and budget wisely – Smart investments and financial discipline can help you grow wealth beyond your paycheck.
? Bottom line: A job is a great start, but real financial freedom comes from leveraging multiple income streams and making money work for you.
What are your thoughts ?
Have you explored any income streams beyond your salary ?
Let's discuss !!! ⬇️
Elon Musk has said that artificial intelligence (AI) will eventually create a situation where "no job is needed". This is because AI is becoming increasingly capable of automating tasks that were previously thought to be the exclusive domain of humans. For example, AI is now being used to drive cars, diagnose diseases, and write articles. As AI technology continues to develop, it is likely that it will automate even more tasks, leading to widespread job displacement.
This raises a number of important questions about the future of work. If AI is able to automate most jobs, what will humans do for a living? How will we structure our society in a way that is meaningful and fulfilling for everyone? These are questions that we will need to start thinking about now, as the impact of AI on the workforce is already starting to be felt.
One possibility is that we will move towards a system of universal basic income, where everyone is given a guaranteed income regardless of whether they work or not. This would allow people to focus on their passions and pursue their own goals, rather than working simply to earn a living. Another possibility is that we will see a shift towards more creative and meaningful work, as AI takes over many of the more mundane tasks. This would allow humans to focus on their skills and talents, and make a more meaningful contribution to society.
It is too early to say for sure what the future of work will look like, but it is clear that AI will play a major role. We need to start thinking about how we can adapt to this new reality, and ensure that everyone has the opportunity to thrive in a world where AI is increasingly dominant.
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Explore our resources below to...
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12 brutal truths every employer needs to read:
1. When your best people leave, it's not them. It's you.
2. You don't have a remote work issue. You have trust issues.
3. Management that can't handle feedback won't survive change.
4. If your actions don't align with your values, your employees won't trust you.
5. Your diversity program is hollow if your leadership team all looks the same.
6. Underpaying your people doesn't make you cost-effective. It makes you short-sighted.
7. A toxic culture will tarnish your brand, no matter how good your products are.
8. The customer experience will never exceed the employee experience.
9. Micromanagement isn't a sign of dedication, it's a warning sign.
10. Top talent won't stay if their growth isn't your priority.
11. Leading by fear creates teams that underperform.
12. If you don't pay people what they're worth, someone else will.
There are various ways to earn Rs 30,000 per month from home. Here are some ideas:
- Freelancing: Freelancing is a great way to earn money from home. You can offer your services in areas such as writing, graphic design, web development, digital marketing, or social media management. You can find freelancing opportunities on websites such as Upwork, Freelancer, Fiverr, and Guru.
- Online tutoring: If you have expertise in a particular subject, you can offer online tutoring services. You can find tutoring opportunities on websites such as Chegg, TutorMe, and Vedantu.
- Blogging: If you enjoy writing and have a niche area of interest, you can start a blog and monetize it through affiliate marketing, sponsored content, and advertising.
- Online surveys: You can sign up for online survey websites such as Swagbucks, Toluna, and Survey Junkie to earn money by completing surveys from home.
- Online selling: You can sell products online through platforms such as Amazon, Flipkart, or Etsy. You can also create your own website or online store to sell products.
- Content creation: You can create content such as videos or podcasts and monetize them through advertising, sponsorships, or affiliate marketing.
- Online trading: You can invest in the stock market or cryptocurrency and trade online through platforms
