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The People Success Dictionary
Every important HR term explained.
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Word of the day
On Roll / Off Roll Payroll
On-roll payroll refers to permanent employees managed by HR, while off-roll payroll involves contract workers paid by a third party, not directly by the company.
O
Word of the day
One-Time Payments & Deductions
They are single, non-recurring adjustments HRs make to employee salaries, like bonuses or specific deductions for that pay period.
O
Word of the day
Network Organization
It is a decentralised structure where independent teams collaborate, adapt quickly, and share resources to achieve common business goals.
N
Word of the day
X-Ray Search
A recruitment method allowing HR to find candidates on specific sites using advanced search operators for targeted results.
X
Word of the day
Workforce Analysis
Workforce analysis examines employee data to improve HR strategies. It's essential for effective workforce planning in Indian companies.
W
Word of the day
Work-Life Balance
Refers to balancing personal life and work. HR supports this with flexible hours, remote work, and wellness programmes.
W
Word of the day
Work From Home (WFH)
Work From Home (WFH) has become the new normal in today's world due to the pandemic.
W
Word of the day
Work Ethics
Work ethics involve principles like honesty and responsibility. They are crucial for maintaining professionalism in Indian offices.
W
Word of the day
Weekly Off
A weekly off is a regular day off work, usually on weekends. It's essential for rest and rejuvenation in Indian workplaces.
W
Word of the day
Walk-In
Recruitment events allowing candidates to meet HR without appointments, streamlining the hiring process.
W
Word of the day
Voluntary Time Off (VTO)
VTO allows employees to take unpaid leave when work is slow. HR manages approvals and ensures smooth operations.
V
Word of the day
Vestibule Training
Vestibule training is when HRs create a simulated work environment to train employees on specific tasks before they start their actual job duties.
V
Word of the day
Vertical Organizational Structure
A hierarchy-based structure where roles flow top-down. HR manages clear lines of authority and decision-making.
V
Word of the day
Variable Pay
It's a form of compensation where a portion of an employee's salary is tied to their performance. It's becoming increasingly popular in the Indian workforce.
V
Word of the day
Unfair Labour Practice
Unfair labour practices violate workers' rights and can harm workplace harmony. Addressing them is key to maintaining a fair work environment in India.
U
Word of the day
Training and Development
Training and development focus on enhancing employees' skills and knowledge. It's crucial for career growth and organisational success in India.
T
Word of the day
Training Needs Analysis (TNA)
Training Needs Analysis (TNA) is an assessment tool used to identify the knowledge, skills and behaviours required in a job role, in order to improve overall performance.
T
Word of the day
Total Target Cash
Total target cash refers to the complete earnings an employee can achieve, including base salary and bonuses. It's important for compensation planning.
T
Word of the day
Time Off in Lieu (TOIL)
TOIL lets employees take extra time off for extra hours worked, helping HR manage overtime fairly.
T
Word of the day
Team Building
Team building enhances collaboration and trust among employees. It's essential for creating a positive work environment in Indian offices.
T
Word of the day
Termination Letter
A termination letter formally ends an employee's job. It should be clear, respectful, and compliant with Indian labour laws.
T
Word of the day
Suspension
Temporary removal of an employee from duties, often as a disciplinary measure pending investigation or resolution.
S
Word of the day
Supplemental Pay
Supplemental pay includes additional earnings beyond regular salary, such as bonuses, overtime, or incentives.
S
Word of the day
Supplemental Wages
Supplemental wages are additional earnings such as bonuses or overtime pay. They play a crucial role in motivating and retaining employees in Indian workplaces.
S
Word of the day
Stipend
A stipend is a fixed, regular payment given to interns or trainees, often to cover basic expenses during their training period.
S
Word of the day
Statutory Leave
Statutory leave is a mandatory paid leave of absence for employees. It is designed to ensure that workers receive time off work to rest and recuperate.
S
Word of the day
Sourcing
Sourcing involves identifying and attracting potential candidates for job openings. It's vital for building a strong workforce in Indian companies.
S
Word of the day
Staffing
Staffing involves recruiting and managing employees to ensure the organisation has the right people in the right roles.
S
Word of the day
Source of Hire (SoH)
Source of Hire identifies where new employees come from, such as job portals, referrals, or campus recruitment.
S
Word of the day
Selection Ratio
The selection ratio is the number of hired candidates compared to the total number of applicants, indicating hiring efficiency.
S
Word of the day
Short Leave
Short leave allows employees to take brief time off work for personal reasons, ensuring flexibility and work-life balance.
S
Word of the day
Attendance Regularisation
Attendance regularisation allows employees to correct attendance records, ensuring accurate tracking.
A
Word of the day
Seasonal Employment
Seasonal employment refers to jobs that are available only during certain times of the year, like holiday seasons or harvest periods.
S
Word of the day
Salary Revision
Salary revision involves reviewing and potentially changing an employee's pay to align with market standards or performance.
S
Word of the day
Statutory Deductions
Mandatory payroll deductions like taxes, social security, and provident fund as per government regulations.
S
Word of the day
Salary On Hold
Salary on hold occurs when an employee's pay is temporarily paused, often due to administrative or performance issues.
S
Word of the day
Salary Increment
A salary increment is an increase in an employee's pay, often based on performance, tenure, or market conditions.
S
Word of the day
Salary Advances
Salary advances provide employees with early access to earned wages, supporting financial flexibility and emergency needs.
S
Word of the day
Salary Breakup
A salary breakup details the components of an employee's pay, including basic salary, allowances, and deductions.
S
Word of the day
Salary Adjustment
Salary adjustment refers to changes in an employee's pay, often due to performance, market rates, or cost of living changes.
S
Word of the day
Salary
Salary is the fixed regular payment an employee receives for their work, typically paid monthly or bi-weekly.
S
Word of the day
Salaried Employee
Being a salaried employee means having a fixed income every month and paid leave entitlements.
S
Word of the day
Roster Management
Keeping track of schedules and employee data is essential for efficient business operations. Roster management helps businesses achieve this goal.
R
Word of the day
Roles and Responsibilities
Defined duties and tasks assigned to an employee, outlining expectations and performance standards for their position.
R
Word of the day
Reviewee
A reviewee is an employee being evaluated by HRs or managers during performance reviews to assess their work, skills, and contributions to the company.
R
Word of the day
Rewards and Recognition (R&R)
Programs designed to acknowledge and reward employees' achievements and contributions to the organization.
R
Word of the day
Rightsizing
Rightsizing involves adjusting the workforce to fit the current needs of the organisation, ensuring efficiency and productivity.
R
Word of the day
Retrenchment
Retrenchment is the process of reducing staff due to business needs, often to cut costs or restructure the organisation.
R
Word of the day
Restricted Holiday
These are special holidays that are not mandatory but can be granted by employers based on individual needs.
R
Word of the day
Reporting Structure
A reporting structure outlines the hierarchy within an organisation, showing who reports to whom, ensuring clarity in roles.
R
Word of the day
Remuneration
Remuneration includes all forms of compensation an employee receives for their work, such as salary, bonuses, and benefits.
R
Word of the day
Remuneration Committee
The Remuneration Committee is a group responsible for determining executive pay and benefits within a company.
R
Word of the day
Remote Interview
Remote interview are virtual interviews conducted via online platforms to assess candidates without in-person meetings.
R
Word of the day
Relieving Letter
A relieving letter is an official document confirming an employee's resignation, final duties, and release from the organization.
R
Word of the day
Regular Time
Regular time refers to the standard working hours set by an organisation. It ensures employees know their expected work schedule.
R
Word of the day
Recruitment Funnel
The recruitment funnel outlines each step of hiring, from attracting candidates to final selection, helping HR optimize the process.
R
Word of the day
Recruitment Drive
A recruitment drive is when HRs actively seek candidates by organizing events or campaigns to fill multiple job openings quickly and efficiently.
R
Word of the day
Recruitment Analytics
Recruitment analytics uses data to improve hiring. HR tracks metrics like time-to-hire, cost, and quality of candidates.
R
Word of the day
Quality of Work Life (QWL)
QWL focuses on creating a healthy, satisfying workplace, boosting employee well-being, morale, and productivity.
Q
Word of the day
Purple Unicorn
Purple Unicorn is an exciting new product that is sure to pique the interest of India's discerning consumers.
P
Word of the day
Professional Fees
Payments made to freelancers or consultants for their services. HR handles contracts, payments, and tax deductions.
P
Word of the day
Probation Period
Probation period is a trial period of employment for a specific duration where an employee's performance is evaluated before the confirmation of their employment.
P
Word of the day
Provident Fund (PF)
Provident Fund (PF) is a savings scheme that helps employees in India to save money for their retirement.
P
Word of the day
Promotion
Advancement to a higher position within the organisation, often with increased responsibilities and compensation.
P
Word of the day
Pre-Boarding
Pre-boarding is the HR process of engaging new hires with info, tasks, and support before their first day to ensure a smooth start.
P
Word of the day
Performance Improvement Plan (PIP)
It helps HRs guide employees in addressing performance gaps by setting clear goals and providing support to improve.
P
Word of the day
Point Factor Method
Point Factor Method is a job evaluation technique that assigns a numerical value to all compensable factors of a job based on their importance.
P
Word of the day
Personal Income Tax (PIT)
Personal Income Tax (PIT) is the tax HRs help employees manage, deducted from their salary, based on their earnings and applicable government rules.
P
Word of the day
Peer Appraisal
Peer appraisal is when HRs collect feedback from an employee's coworkers to assess their performance, teamwork, and skills for a well-rounded review.
P
Word of the day
Pay Register
Pay Register is a comprehensive payroll management software that simplifies salary processing and ensures compliance.
P
Word of the day
Payslip
A payslip is a document given to employees that summarises their salary, deductions, and net pay for a specific period.
P
Word of the day
Pay Group
A pay group is a classification HRs use to organize employees with similar pay structures, helping streamline payroll processing and management.
P
Word of the day
Payroll Reconciliation
Payroll reconciliation is when HRs check and compare payroll records to ensure accurate salary payments, correcting any errors before final processing.
P
Word of the day
Pay Cycle
The schedule that determines when employees get paid. It's an important aspect of every job, and understanding it is key to managing your finances.
P
Word of the day
Passive Candidate
Professionals who aren't actively seeking employment but may be open to new opportunities.
P
Word of the day
Pay Band
A pay band is a salary range set by HRs for specific job roles, helping ensure fair pay based on experience, skills, and market standards.
P
Word of the day
Partial Payments
Partial payments allow HRs to pay employees part of their salary before the full payment date, offering flexibility in managing cash flow or urgent needs.
P
Word of the day
Market Adjustment Raise
A market adjustment raise is given by HRs to adjust an employee’s salary to match current market rates, ensuring competitive and fair compensation.
M
Word of the day
Paid Time Off (PTO)
Paid Time Off (PTO) lets employees take leave for any reason, while still being paid, offering flexibility and helping HRs manage work-life balance.
P
Word of the day
HR Outsourcing
HR outsourcing delegates HR tasks to external experts, improving efficiency and allowing focus on core business.
H
Word of the day
Paid Leave
Paid leave allows employees to take time off work while still receiving their salary, helping HRs support work-life balance and employee well-being.
P
Word of the day
Horizontal Organizational Structure
A horizontal organisational structure reduces hierarchy, promoting collaboration and faster decision-making.
H
Word of the day
Organizational Change
Organizational change is when HRs help guide companies through shifts in structure, roles, or processes to improve operations and adapt to new goals.
O
Word of the day
Offer Letter
Formal document outlining job role, terms, and conditions extended to a candidate selected for employment.
O
Word of the day
Organization
An organisation is a structured group of people working together to achieve common goals, like a company or non-profit.
O
Word of the day
One-on-One Meeting
A one-on-one meeting is a private conversation between HRs or managers and employees to discuss performance, feedback, and growth opportunities.
O
Word of the day
Onboarding
Onboarding is the process of integrating new hires into the company culture and setting them up for success.
O
Word of the day
Occupational Stress
Occupational stress refers to the mental and physical strain employees feel due to job demands, and HRs work to reduce it for better well-being and productivity.
O
Word of the day
Notice Period
Notice period is the duration an employee must work after resigning from a job.
N
Word of the day
Notice Buyout
A hassle-free solution to help you exit your notice period smoothly and without any trouble.
N
Word of the day
Non-Taxable Allowances
Non-Taxable Allowances are payments made by employers to employees that are exempt from income tax.
N
Word of the day
Muster Roll
A muster roll is a detailed attendance record used to track employee presence, work hours, and ensure legal compliance in various industries.
M
Word of the day
Mentoring
Guidance provided by experienced employees to support others' career growth and skill development.
M
Word of the day
Mock Interview
Where you can practice your interview skills and receive feedback. Improve your chances of landing your dream job, starting today
M
Word of the day
Medical Leave of Absence
Medical Leave of Absence allows employees to take extended time off for medical reasons. It ensures job protection and continuation of benefits.
M
Word of the day
Job Analysis
Job analysis is a process used to identify and determine the details of a specific job role within an organisation.
J
Word of the day
Marginal Relief
Marginal relief helps HRs ensure companies pay fair taxes by reducing extra tax burden when income slightly crosses the threshold for higher tax rates.
M
Word of the day
Leave Year
A leave year is a 12-month period used by HR to track employee leave entitlements, usage, and carryover policies.
L
Word of the day
LOP Reversal
Restoring deducted salary when an employee's previously marked unpaid leave is later approved or corrected.
L
Word of the day
Loss Of Pay (LOP)
Salary deduction for days an employee is absent beyond their entitled leave.
L
Categories
Workforce Management
Compliance and Legalities
Compensation and Benefits
Performance and Culture
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Submit this term and we'll add it to the people success dictionary
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#
Remuneration
Remuneration includes all forms of compensation an employee receives for their work, such as salary, bonuses, and benefits.
Performance and Culture
#
Remuneration Committee
The Remuneration Committee is a group responsible for determining executive pay and benefits within a company.
Performance and Culture
#
Reporting Structure
A reporting structure outlines the hierarchy within an organisation, showing who reports to whom, ensuring clarity in roles.
Compliance and Legalities
#
Restricted Holiday
These are special holidays that are not mandatory but can be granted by employers based on individual needs.
Performance and Culture
#
Retrenchment
Retrenchment is the process of reducing staff due to business needs, often to cut costs or restructure the organisation.
Performance and Culture
#
Reviewee
A reviewee is an employee being evaluated by HRs or managers during performance reviews to assess their work, skills, and contributions to the company.
Performance and Culture
#
Rewards and Recognition (R&R)
Programs designed to acknowledge and reward employees' achievements and contributions to the organization.
Performance and Culture
#
Rightsizing
Rightsizing involves adjusting the workforce to fit the current needs of the organisation, ensuring efficiency and productivity.
Performance and Culture
#
Roles and Responsibilities
Defined duties and tasks assigned to an employee, outlining expectations and performance standards for their position.
Performance and Culture
#
Roster Management
Keeping track of schedules and employee data is essential for efficient business operations. Roster management helps businesses achieve this goal.
Performance and Culture
#
Salaried Employee
Being a salaried employee means having a fixed income every month and paid leave entitlements.
Workforce Management
#
Salary
Salary is the fixed regular payment an employee receives for their work, typically paid monthly or bi-weekly.
Compensation and Benefits
#
Salary Adjustment
Salary adjustment refers to changes in an employee's pay, often due to performance, market rates, or cost of living changes.
Compensation and Benefits
#
Salary Advances
Salary advances provide employees with early access to earned wages, supporting financial flexibility and emergency needs.
Compensation and Benefits
#
Salary Breakup
A salary breakup details the components of an employee's pay, including basic salary, allowances, and deductions.
Compensation and Benefits
#
Salary Increment
A salary increment is an increase in an employee's pay, often based on performance, tenure, or market conditions.
Compensation and Benefits
#
Salary On Hold
Salary on hold occurs when an employee's pay is temporarily paused, often due to administrative or performance issues.
Compensation and Benefits
#
Salary Revision
Salary revision involves reviewing and potentially changing an employee's pay to align with market standards or performance.
Compensation and Benefits
#
Seasonal Employment
Seasonal employment refers to jobs that are available only during certain times of the year, like holiday seasons or harvest periods.
Workforce Management
#
Selection Ratio
The selection ratio is the number of hired candidates compared to the total number of applicants, indicating hiring efficiency.
Performance and Culture
#
Short Leave
Short leave allows employees to take brief time off work for personal reasons, ensuring flexibility and work-life balance.
Performance and Culture
#
Source of Hire (SoH)
Source of Hire identifies where new employees come from, such as job portals, referrals, or campus recruitment.
Performance and Culture
#
Sourcing
Sourcing involves identifying and attracting potential candidates for job openings. It's vital for building a strong workforce in Indian companies.
Performance and Culture
#
Staffing
Staffing involves recruiting and managing employees to ensure the organisation has the right people in the right roles.
Performance and Culture
#
Statutory Deductions
Mandatory payroll deductions like taxes, social security, and provident fund as per government regulations.
Performance and Culture
#
Statutory Leave
Statutory leave is a mandatory paid leave of absence for employees. It is designed to ensure that workers receive time off work to rest and recuperate.
Performance and Culture
#
Stipend
A stipend is a fixed, regular payment given to interns or trainees, often to cover basic expenses during their training period.
Performance and Culture
#
Supplemental Pay
Supplemental pay includes additional earnings beyond regular salary, such as bonuses, overtime, or incentives.
Compensation and Benefits
#
Supplemental Wages
Supplemental wages are additional earnings such as bonuses or overtime pay. They play a crucial role in motivating and retaining employees in Indian workplaces.
Compensation and Benefits
#
Suspension
Temporary removal of an employee from duties, often as a disciplinary measure pending investigation or resolution.
Performance and Culture
#
Team Building
Team building enhances collaboration and trust among employees. It's essential for creating a positive work environment in Indian offices.
Performance and Culture
#
Termination Letter
A termination letter formally ends an employee's job. It should be clear, respectful, and compliant with Indian labour laws.
Performance and Culture
#
The HR Value Chain
The HR value chain links HR activities to business outcomes, demonstrating HR's impact on organisational success.
Performance and Culture
#
Time Off in Lieu (TOIL)
TOIL lets employees take extra time off for extra hours worked, helping HR manage overtime fairly.
Performance and Culture
#
Total Target Cash
Total target cash refers to the complete earnings an employee can achieve, including base salary and bonuses. It's important for compensation planning.
Performance and Culture
#
Training Needs Analysis (TNA)
Training Needs Analysis (TNA) is an assessment tool used to identify the knowledge, skills and behaviours required in a job role, in order to improve overall performance.
Workforce Management
#
Training and Development
Training and development focus on enhancing employees' skills and knowledge. It's crucial for career growth and organisational success in India.
Workforce Management
#
Unfair Labour Practice
Unfair labour practices violate workers' rights and can harm workplace harmony. Addressing them is key to maintaining a fair work environment in India.
Compliance and Legalities
#
Variable Pay
It's a form of compensation where a portion of an employee's salary is tied to their performance. It's becoming increasingly popular in the Indian workforce.
Compensation and Benefits
#
Vertical Organizational Structure
A hierarchy-based structure where roles flow top-down. HR manages clear lines of authority and decision-making.
Performance and Culture
#
Vestibule Training
Vestibule training is when HRs create a simulated work environment to train employees on specific tasks before they start their actual job duties.
Workforce Management
#
Voluntary Time Off (VTO)
VTO allows employees to take unpaid leave when work is slow. HR manages approvals and ensures smooth operations.
Performance and Culture
#
Walk-In
Recruitment events allowing candidates to meet HR without appointments, streamlining the hiring process.
Performance and Culture
#
Weekly Off
A weekly off is a regular day off work, usually on weekends. It's essential for rest and rejuvenation in Indian workplaces.
Performance and Culture
#
Work Ethics
Work ethics involve principles like honesty and responsibility. They are crucial for maintaining professionalism in Indian offices.
Performance and Culture
#
Work From Home (WFH)
Work From Home (WFH) has become the new normal in today's world due to the pandemic.
Performance and Culture
#
Work-Life Balance
Refers to balancing personal life and work. HR supports this with flexible hours, remote work, and wellness programmes.
Performance and Culture
#
Workforce Analysis
Workforce analysis examines employee data to improve HR strategies. It's essential for effective workforce planning in Indian companies.
Workforce Management
#
X-Ray Search
A recruitment method allowing HR to find candidates on specific sites using advanced search operators for targeted results.
Performance and Culture
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