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**Definition of Employee Satisfaction Index**Employee Satisfaction Index (ESI) is a metric used to measure the overall satisfaction and contentment levels of employees within an organization. It provides a quantitative assessment of how fulfilled, engaged, and h...
Hi All,I need a good definition of ESI for my project urgently. Please help me out.Thanks & Regards,RuchiLocation: Surat, IndiaTags: employee motivation, employee satisfaction, Country-India, City-India-Surat, work environment
Human resources is used to describe both the people who work for a company or organization and the department responsible for managing resources related to employees. The term "human resources" was first coined in the 1960s when the value of labor relations bega...
Dear Srinivas,For your reference, attached is the KFA presentation on HRM.
Hi Srinivas,I have made a list of the things that HRM includes. Please read my post carefully. The word "comprise" means includes!
Need help finalising the components to be added to Salary in a CTC based compensation structure.Do we need to include HRA, Food allowance, arrears, etc?For the purpose computation of wage for Bonus calculation, the definition of salary is given below:(21) “salar...
I am looking to add the maximum components to the salary used to compute the limit, i.e., Rs 10,000\. Therefore, I need clarification on whether HRA, food allowance, etc., can be included when considering the salary.
You cannot add HRA, Food Allowance, or the value of any house accommodation, supply of light, water, medical attendance, other amenities, services, concessional supply of food grains, or other articles to Attendance Bonus/sales incentive.Please try to give the m...
Dear Ampuran,Nowadays, all the companies are paying more than the prescribed amount, i.e., Rs. 3500/-. The basic salary fixed is more than Rs. 3500/-. Hence, you can take the basic wages into consideration and calculate the bonus amount. Furthermore, all governm...
Dear All,Can anyone explain to me what continuous service in gratuity means? And how many days does an employee need to complete in an organization? Are holidays like Saturdays, Sundays, or any festival holidays declared by the company counted in those days?Than...