THE HR GLOSSARY
Clear terms.
Better understanding.
Make sense of the language behind people, payroll, and everyday work. Find a definition, understand the context, and keep the conversation moving.
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73 terms3
A
- AbsenteeismAbsenteeism means an employee is frequently absent from work without a proper reason. It's different from normal, approved leave.
- AllowancesAdditional components of salary provided for specific purposes or expenses.
- Appointment LetterAn appointment letter is an official document given to a candidate once they accept a job offer,
- ArrearsSalary or other payments that become due for a previous period.
- ATS (Applicant Tracking System)Software that keeps all job applications in one place and shows which stage each candidate is at.
- Attendance RegularizationA way to fix a missed or incorrect attendance entry afterwards. The employee requests a correction and the manager approves it.
- Attrition Rate / Employee TurnoverAttrition rate shows how many employees leave a company over a certain period. It's usually shown as a percentage of total employees.
B
- Background Verification (BGV)Background Verification, commonly called BGV, is the process of checking a candidate's past employment, education, and personal details befo...
- Basic SalaryThe fixed core of an employee’s pay, before HRA, allowances or bonuses are added. PF and gratuity are worked out from it.
C
- Code of ConductA Code of Conduct is a set of rules and guidelines that define acceptable behaviour for employees within the workplace.
- Compensatory Off (Comp Off)Compensatory Off, or Comp Off, is a day off given for working on a holiday or weekend
- Confirmation LetterA confirmation letter is issued to an employee once they successfully complete their probation period.
- CTC (Cost to Company)The total annual cost a company incurs for an employee.