A compensation carve-out refers to the policy of keeping away a portion of the increase in compensation budget for the highest performing employees. (adsbygoogle = window.adsbygoogle ...

(adsbygoogle = window.adsbygoogle || []).push({}); Business Process Outsourcing (BPO) is a kind of outsourcing in which the company outsources a specific activity/process ...

(adsbygoogle = window.adsbygoogle || []).push({}); A defined benefit plan is an employer sponsored retirement plan in which the employer guarantees a fixed retirement income. ...

Besides the usual duties of an HR department, one more has been added to the list – Talent Management. Talent Management is about identifying a person’s natural skills, ...

(adsbygoogle = window.adsbygoogle || []).push({}); Disciplinary Procedure is a comprehensive procedure written by an organization to ensure that the employees working there ...

The Disability Discrimination Act (UK), 1995 describes disability as “a physical or mental impairment which has a substantial and long-term adverse effect on a person’s ability ...

(adsbygoogle = window.adsbygoogle || []).push({}); A differential rate is a rate applied to a structure which is deviant from the prevailing standard rate structure. A differential ...

Portion of earned Income that is paid to the employee at a later date is named as Deferred Compensation. This is usually practiced to defer tax to a future date when the rate is lower. ...

(adsbygoogle = window.adsbygoogle || []).push({}); “In God we trust. All others bring data.” – Barry Beracha, former CEO, Sara Lee Bakery Group. This affinity of c-suite ...

(adsbygoogle = window.adsbygoogle || []).push({}); Career development is the series of activities or the on-going/lifelong process of developing one’s career. It usually ...