What Is Meaning Of Bouquet Of Benefits In A Salary Structure
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Hi Pampi,I would like to know about the meaning of the term "COLA" in compensation and benefits programs in any organization.Regards,Pampi
Dear Pampi,COLA stands for Cost of Living Adjustments. This is more of a US concept. In India, we know this as dearness allowance. You can also include CCA (City Compensatory Allowance) under this.Best wishes,Sunil JoshiPGCHRM - XLRI
Employee Satisfaction (E-SAT) Surveys.Employee satisfaction surveys are conducted to find out the pulse of employees. They capture employees' opinions about their jobs as well as the work environment.Employee issues and concerns need to be addressed regularly fo...
Hi seniors,Please tell me the meaning of ESAT in HR terminology. I believe it stands for Emergency Service Assistance Team. What is its role?Shrankhala
Can anyone tell me the exact definition or meaning of administration in a company, specifically how it is handled within the facility?Regards,Neeraj
While resigning from service, one should give a notice period of one month before leaving. This notice period will help the organization to recruit another person without any work suffering. Hence, the notice period is required to be given.In case there is no wo...
The letter of appointment normally contains a stipulation that if an employee wants to resign, he/she has to give one month notice (the period may vary with the company) or salary in lieu of notice. This means if the employee does not give one month notice or as...
Dear Guidance Seeker,Please clarify if the person who tendered resignation is/was a probationer or an employee already confirmed upon completion of the probationary period. An employee on probation does not need to give any notice period.Kritarth Team
Hello everyone,What is the meaning of the salary in lieu of notice? What if an employee resigns and doesn't serve the notice period?Regards,Swati
What is the meaning of "aid of power" in the Factory Act of 1948?