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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- Payment of WagesRules that ensure employees receive their wages on time and without unauthorized deductions.
- Payroll Processing / Payroll CyclePayroll processing is the process of calculating and paying employee salaries accurately and on time
- Payroll ReconciliationLearn what payroll reconciliation means, how it works, common payroll mistakes, and how HR teams can check salary records for accuracy.
- Payslip (Salary Slip)A monthly document that shows what an employee earned, what was deducted and what reached their bank account.
- Performance Appraisal / PMSA performance appraisal is a review of how well an employee has done their job. PMS (Performance Management System) is the overall process u...
- POSHA legal framework for preventing and addressing sexual harassment at the workplace.
- Probation PeriodA probation period is the starting phase of a job, usually lasting 3 to 6 months. During the probation period, the company checks if the emp...
- Professional Tax (PT)Professional Tax is a small tax charged by state governments on working people in India, deducted directly from the employee's monthly salar...
- Provident Fund (PF)A retirement savings scheme funded through contributions from eligible employees and employers.