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  • Difference between Salary and Remuneration

    While working in a professional space, we are rewarded for the services we render to individuals, organizations, or corporations. There are many ways to reward an employee’s contribution. Salary and remuneration are two such ways through which employees can be rewarded. Although there remains a thick line of difference between salary and remuneration, it can sometimes pose itself as a confusing question. This article is going to tell you what is the difference between salary and remuneration.

    To understand the difference, we need first to understand their basic definitions.

    What is Salary?

    Salary is an agreed upon money, signed by both the employer and employee, which the employee is supposed to receive at the agreed upon intervals, i.e., weekly, monthly, etc. Salaries are also sometimes referred to as wages. These can also be received at the termination of the working tenure if the job type is temporary or ad-hoc.

    Salary is determined by the employer; usually, organizations and employers follow a uniform pattern of salary in which workers are paid according to their position, job responsibilities, and seniority in the organization. These salaries or wages are based on the minimum wages set up by the authorities for different services and sectors. If the salaries are below the minimum wage set up by the government, then the employee can file a complaint against the employer as it is considered a violation of his right. For more information, you should learn about the minimum wage range set up by the central or state authorities for your particular organization and the sector it belongs to.

    What is Remuneration?

    Remuneration is the entire payment that the employee receives instead of his services by the corporation or the organization. It includes the salary and all the privileges that the employee enjoys while being a part of the organization. It is also an agreed upon package wherein the employee and the employer are the signatories.

    Difference between Salary and Remuneration

    Difference between Salary and Remuneration

    Salary Remuneration
    It refers to the exact sum of money, payment in cash or cheque, or money transfer that you receive in lieu of the work that you have rendered to the organization. It refers to all the components of the compensation package that the employee receives in lieu of his services rendered to the organization.
    Salary is a part of remuneration. Remuneration refers to salary as well as all the privileges provided to the employee by the organization.
    Salary is fixed and agreed upon by the employee as well as the employer. In most cases, remuneration is not fixed, the nature of remuneration can be agreed upon previously, but the amount of remuneration can vary. For example, remuneration can vary depending upon commission earned by employees in some cases.
    Salary is provided to employees at all the echelons of the organization. In most of the organization, remuneration is enjoyed by employees at higher echelons of the organization.

    That’s all you need to know about the two terms and the difference that lies between them. Be aware of your wages, salaries and remuneration offered, and you will be good to go!

  • Difference between Questionnaire and Schedule

    We live in a time where data has become an asset; it’s equal to gold. Data collected both virtual or offline, stored in hard discs and iCloud, or in huge office files, have become important to organizations and authorities. The collection of data is very much important to the functioning of organizations, corporates, non-profits, and governmental authorities too. It helps them understand their audience, their customer base, their demands and needs, and level of satisfaction that they enjoy, and how you can make your product better.

    It is impossible to name a business working for a larger good, profit, or smooth governance that cannot better their out with data collection. The mode and quality of data define how they can utilize data as an asset and benefit from its analysis. Out of all the ways of collecting data, offline or online, two methods are extremely popular, which are questionnaire and schedule. Often these two might appear similar, but there is an ample amount of difference lies between them, which determines how the data needs to be analyzed or evaluated. It becomes extremely important, therefore, to know the meaning of the two terms and the distinction between them.

    What is a Questionnaire?

    A questionnaire is a research or data collection instrument used to collect primary first-hand data. The data collected from the respondents are then used to solve many problems or understand the challenges better. Questionnaires are actively used by corporate to understand the needs and behavior of their customer base.

    They are an ideal tool to understand the challenges or any specific issue that you face. It can help in collecting qualitative and quantitative data both and, therefore, a versatile option. Questionnaires are further divided into many categories and can be picked up according to the user’s need. Some of the types of questionnaires are exploratory and formal standardized questionnaires dealing with qualitative and quantitative data. They can be open-ended or multiple choice depending upon the need.

    What is a Schedule?

    The schedule is another research or data collection instrument which is filled alongside an interview. It comprises questions, statements and tables, and blank spaces which are to be filled by respondents. It is one of the most effective methods to collect data with utmost accuracy and without bias.

    Difference between Questionnaire and Schedule

    Difference between Questionnaire and Schedule

    Questionnaire Schedule
    Questionnaires do not involve person to person interview. Schedules are accompanied by person to person interviews.
    Questionnaires mainly involve questions. Schedules involves statements, blanks, questions, etc.
     Questionnaires do not involve participation of the collector. Schedules involve active participation of the interviewer.
    Needs to be filled by respondents. Can be filled by enumerators or respondents anyone.
    Response rate remains low. Response rate is high.
     Overall cost is all. The overall cost is expensive.
    Can’t be done when respondents are illiterate. Can be done when respondents are literate.

    That’s all you need to know about questionnaires and schedules. It is imperative to keep your needs in mind to decide what data collection method to opt for. I hope you found this article helpful!

  • How to Write Resignation Acceptance Letter with Format & Samples

    Working for a company is similar to that of a roller coaster ride. This is so because the ride may give a different experience to different people and add to that there exist various ups and downs. Moreover, according to the law of nature, which states that there is an end to every ride, so does our work in a company.

    There may be various reasons for one to quit/ resign a job, the causes may include the following:

    • Health issues
    • Financial problems
    • Availability of a better paying job
    • Family-related issues

    So, we might know the steps involved in the effective communication process, i.e., for every message, there should be feedback as this would ensure the effectiveness of the communication. As a result, to every resignation letter submitted there should be some acknowledgment from the management side, this is called the resignation acceptance letter. Moreover, this will also help in ensuring a smooth transition from one job to another one.

    Also Read: How to Write Resignation Letter Due to Health Issues with Formats

    Different companies have adopted various methods of addressing this issue, and some companies might also have a separate cell to address the problems related to resignation. In contrast, in other companies, this issue might be addressed by the higher-level authority/head. The work of this officer/ the cell would include investigating the reason for the resignation of their employee. Given that an employee is one of the best performers of the organization and resigns due to less pay, in this case, the management might request the concerned to stay back by quoting a revised high pay. But, if an employee resigns due to other reasons which might be beyond the management’s consideration, then it solely depends on the employer to accept the resignation.

    The resignation acceptance letter is a way of formal acknowledgment of the employees’ experience and contributions to the organization and henceforth relieving him/her from the organisation’s services (once after serving the notice period).

    How to Write Resignation Acceptance Letter with Format & Samples

    Steps to Write a Resignation Acceptance Letter

    1. Adopt right structure and format: Includes usage of correct font style, size, and spacing between the margins.
    2. Include Date, Name of the employee, Designation, Contact information.
    3. Subject: Resignation acceptance letter
    4. Include a salutation: such as Dear(name)
    5. Mention the final date of employment
    6. Add other necessary details
    7. Express a few words of appreciation: it’s always better to acknowledge their effort during work with the organization and wish them luck for their future goals.
    8. Add a complimentary close: use of wordings like “Sincerely” / “Best wishes”/ “Regards”
    9. Signature
    10. Designation of the person accepting the resignation

    Points to Remember

    • Keep the letter short
    • Make use of the right subject line
    • Proofreading
    • Adopt the usage of a professional language

    Resignation Acceptance Letter Format

    Here is the format of the letter:

    Name

    Designation

    Company

    Company address

    Date

    Employee name

    Employee ID

    Address

    Subject: Resignation Acceptance letter

    Salutation

    It is with regret that I acknowledge your resignation letter dated [date] from your position as [title]. Your resignation has been approved, and according to the norms of the company your final day of work will be [date].

    It was an absolute pleasure to work with you, and on behalf of our entire team, I would like to wish you the best for achieving your future goals. [include other information here about the resignation process of the company.] The accounting department will clear your pay on or before(date).

    Please feel free to contact about any queries and you can contact us for any future references.

    Thank you again for your hard work and loyalty.

    Sincerely,

    ( Signature  )

    Resignation Acceptance Letter Samples

    Here come some sample letters, which can be modified according to the situation:

    Sample 1:

    Christopher

    Director of IT

    TIDEL Park

    Rajiv Gandhi Road,

    Chennai 600113

    July 30, 2020

    Arun

    18, Anna Salai

    Chennai,

    Subject: Resignation Acceptance letter

    Dear Arun

    It is with regret that I acknowledge your resignation letter dated July 30, 2020, from your position as Network Administrator with TIDEL park. Your resignation has been approved, and according to the norms of the company your final day of work will be August 15, 2020.

    It was an absolute pleasure to work with you, and on behalf of our entire team, I would like to wish you the best for achieving your future goals. The accounting department has been notified to pay you till August 15.

    Thank you for your hard work and loyalty.

    Sincerely,

    Christopher

    Sample 2:

    Alvaro Morte

    Director of E&T

    Heist University

    La casa Road,

    France 600113

    July 30, 2020

    Rio

    18, De papel

    Paris,

    Subject: Resignation Acceptance letter

    Dear Rio

    It is a matter of regret we had to acknowledge your resignation letter dated July 30,2020 from your Associate Professor position. The management has accepted your resignation letter and as per the employment norms you will have to serve the notice period of 20 days. You will be relieved on August 19,2020.

    We request you to collect your experience certificate and clear all your dues and payments from the accounts department on or before August 18.

    We are thankful for your exceptional attendance record, excellent work ethics and we wish you all the best for your future goals.

    Warm Wishes,

    Director E&T

    ( Signature ) 

    Sample 3:

    Peter Mills

    Project head

    L&T

    Navi Mumbai,

    Maharashtra.

    July 30, 2020

    Rocky

    (LT6789776)

    19, AW road

    Pune.

    Subject: Resignation Acceptance letter

    Dear Rocky

    This letter is in reference to your resignation letter submitted on date July 29, 2020. Thereby, I wish to inform you that your resignation has been accepted by the organization and hence you will be relieved from the services on Aug 10,2020.

    Your resignation letter has been forwarded to the accounts department for clearance the of your dues. You are asked to collect your experience certificates for the HR department.

    It was a great pleasure to have you on board for our projects. We wish you all the best for your future works.

     

    With warm regards,

    (Signature)

    I hope this guide will help you to draft a perfect Resignation Acceptance Letter. Comment down below if you have any queries.

  • How to Write Resignation Letter Due to Health Issues with Formats

    Humans live in an environment that is also home to various bacteria, germs, and viruses. Hence, more possibility of an individual getting infected with diseases caused by either of these pathogens. At times, the disease caused may turn out to be deadly. Moreover, at present, there are various health issues raised mainly due to the lifestyle adopted by us. Added to this there also exist various health issues raised by the work environment, such as asthma (E.g., Coal mine worker), skin disease (E.g., Chemical industry worker), and this list would go on. Hence, due to such issues, one is compelled to apply for resignation from that particular job, which he/she cannot continue due to his/her health issues.

    A resignation letter is a formal letter written by an employee informing his/her employer the intent/ reason to leave their current position. This letter is often taken as legal notice of departure and is typically kept in the employee’s file after vacating their position for proof of resignation for any future inquiries. Always, there exists a particular period before which an employee should notify his/her organization about the resignation. But as the health issue is raised all of a sudden, the above-stated procedure can’t be followed.

    This resignation letter can be sent through e-mail or be submitted as a business- formatted letter to the concerned authority. Once after submission of this resignation letter, it is the role of the concerned authority to acknowledge it and thereby to write a resignation acceptance letter. The resignation acceptance letter is a way of formal acknowledgement of the employees’ experience and contributions to the organization and subsequently relieving him/her from the organisation’s services (once after serving the notice period).

    Resignation Letter Due to Health Issues Formats

    Resignation Letter Due to Health Issues

    1. From address
    2. Date
    3. To address
    4. Subject
    5. Salutation
    6. Body of the letter with a perfect reason for resignation, and other necessary details
    7. Add a complimentary close: use of wordings like “Sincerely” /“ Best wishes”/ “Regards”
    8. Signature
    9. Designation

    Points to be adopted while writing the letter of resignation:

    1. Adopt to the usage of formal language
    2. Use the right subject line
    3. Be straight forward in quoting the reason
    4. Proofread it once before submission

    Here is the format of the letter:

    Name

    Employee ID

    Designation

    Address

    Date

    Employer name

    Company Name

    Company Address

    Subject: Resignation letter

    Salutation

    I am downhearted to inform you about my decision to resign immediately from my position (designation), due to my failing health. It is recommended by my physician that at this time I should withdraw myself from the workplace to better focus on regaining my health.

    I have had a great pleasure working with you all and also gained a lot of expertise and I am deeply saddened that I will no longer be associated with the company in the future.

    Added to this, I am wanting to comply with the company’s norms of resignation but my health is so unwell and hence I will be unable to complete the notice period, that is why I have requested an immediate release.

    Thereby I would always be available in providing a helping hand to train the person who will replace me. I am thankful to you for all your contributions to my professional growth, and I would like to be in touch in the future.

    Sincerely,

    (Signature)

    If submitting your resignation via letter, this is a template you can follow:

    Your Name

    Your Address

    Your City, State Zip Code

    Your Phone Number

    Your Email

    Date

    Name

    Title

    Organization

    Address

    City, State Zip Code

    Dear Mr./Ms. Lastname:

    It greatly saddens me to send you this letter of resignation. Effective the end of this month, I no longer will be working here as a P.E. teacher.

    Recently I have been noticing some changes in many aspects of my life, both personally and professionally. I have been overly exhausted, constantly in pain, and feel that my productivity has been cut in half. I went to a doctor, and I have been diagnosed with Fibromyalgia, a condition that involves chronic pain and soreness. Because of the high activity level consistent with my work, I am no longer able to teach my students effectively, and I do not want them to be impacted by this. My doctor agreed with me that this is the best decision for all involved.

    I have so enjoyed my time here at FMA Middle School. My work gave me great satisfaction, and I never will forget the last 20 years of incredible friends and colleagues that I have gained. I hope we will still stay in touch despite my early exit.

    Please let me know if there is any way I can help in finding my replacement. Although I no longer can do the work I once could, I hope to remain a resource and that we will stay in touch. Thank you so much for all the opportunities, and I wish everyone at FMA the very best.

    Sincerely,

    Your Signature (hard copy letter)

    Your Typed Name

    It is always prudent to attach a medical health certificate or a document of diagnosis with your letter or mail to give a clear picture of the ailment you are facing to your employer.

    In case the resignation is to be sent through the mail, the following is the format:

    Subject: Resignation—Firstname Lastname

    Dear Mr. Manager,

    I regret to inform you of my resignation, effective June 1, 20XX. Due to a recent diagnosis, I have become aware that my illness will require extended treatment and recovery, and I am unsure that my ability to perform the duties of my present position will return.

    I appreciate your understanding. If there is anything I can do to help during the transition, please let me know.

    Sincerely,

    Firstname Lastname

    lastname123@email.com

    444-555-1212 cell

    I hope this article will help you to write a perfect resignation letter. Comment down below if you have any queries.

  • How to Write Career Objective for Resume for Fresher with Samples

    There is no doubt that resumes are utterly crucial in seeking a job in any sphere. It hardly matters how have you got to know about the position and what are your experience until to push a glittering resume on the table of the interviewers. Your aim, your academic qualifications, your co-curricular activities, your hobbies, your past professional experiences and your details filled neatly and according to a professional resume standard.

    The importance of resume can be gauged from the fact that there are careers devoted to this craft of resume making. Some people have dedicated professional time to this craft and charge a handsome sum of money to do so. But you alone can make a good resume for your interviewer to get you the brownie points reserved for well-oriented resume if you follow simple unsaid rules of resume making,

    These rules are easy to remember but needs a great deal of attention to ace the deal. The format needs to agree with professional standards, your personal information present in the topmost section, followed by your career objective, your academic qualifications and professional qualifications. It is not a challenging task to follow; just a few careful things to keep in mind to write an effective resume.

    Also Read: 10 Best Free Resume Making Websites

    You need to be wise with your words. Nobody wants a 6 page long wordy document while assessing a candidate whether he is fit for a job or not. You need to be picky and smart with words. Mention relevant things and try to sum up in the least amount of words possible without sounding unprofessional. Mention something that is relevant. You don’t need to list each and every qualification and achievement while making a resume. To cut the unnecessary clutter, you can do a simple exercise. Take out a notepad, mention everything that you have done, which includes professional and academic qualifications, hobbies and extracurricular activities in no particular order. Cut out the irrelevant points and then organize them into serial order. 

    The task of building a good resume is incomplete without talking about the first section, i.e. the career objectives. Since it is the first line that the interviewer reads, it needs to be well thought of. It is also the line that is going to be similar in most of the applications since all of the candidates are applying for the said post. Your choice of words can make a difference here, therefore, which makes the career objective an important section deserving a considerable amount of time. 

    How to Write Career Objective for Resume for Fresher with Samples

    What Exactly is Career Objective in a Resume?

    In a resume format agreeing to the professional standards, the first section after your personal details needs to be devoted to your ‘career objective’ i.e. the position you are applying for vis-à-vis your long term career goals. It is hardly two sentences long and therefore needs to be carefully written.

    Things to Keep in Mind While Writing Career Objectives

    1. Make it crisp and informative: The two lines can determine whether the interviewer perceives your application. It is therefore very important to mention things that are relevant to your job application in as presentable way as possible.
    2. Always relate it to the position you are applying for: This cannot be emphasized enough. Always relate your current job aspiration to your long term career objective to prove that you are devoted to this job religiously. Anything stated otherwise can be detrimental to your probability of getting selected.
    3. Be wise about words, grammar and spellings: The first thing that the potential employer sees should not be full of grammatical errors or spelling mistakes; therefore, be wise while drafting your career objective.

    Sample Career Objectives For Resume

    1. To secure a managing position in a reputable organization to expand my experience, knowledge and skills.

    2. I am a highly passionate recent engineering graduate seeking a full-time position in product management where I can lend my knowledge of software development to help your organization improve profitability and reach out to as many consumers as possible.

    3. Strong problem analyser and out of the box solution seeker aspiring for an administrative position to enhance skill set and processes in a corporate setting.

    4. Experienced sales manager in a successful and established business seeks a challenging management position to apply sales management, problem-solving and comprehensive planning to oversee a team of professionals in a thriving sales driven industry.

    5. Goal driven individual seeking a leadership role preferably team head with a thriving, growing fintech start up to apply management, leadership and communication skills when overseeing a team of professionals and working toward a common goal to enhance productivity.

    6. Psychology graduate with proven communication, operations-planning, and email management skills. I am seeking a position as an HR assistant at ZYLMA Inc., to leverage organizational, research and communication skills to support internal and external communication.

    7. Pre-school education teacher looking for a position at a global school affiliated with IB, where I can apply my seven years of teaching experience and communication skills with kids.

    8. To apply my six years of face to face communication with clients experience, public speaking skills, and expertise in the finance and sales industry into a Human Resource role with Tesla and Sons Corporations.

    9. Passionately career driven and hard-working business management graduate with proven communication, leadership and organizational skills seeking to apply my abilities to the position of manager of the North Delhi branches of Offices at Batra Finances.

    10. To learn more about the healthcare industry and gain first-hand experience about the responsibilities and requirements of healthcare startup as Project Manager. A fresh graduate from management studies, I have proven my communication and managerial roles. I aspire to gain the first-hand experience of managing teams and co-ordinating with different departments to deliver the best product user experience.

    Don’t forget to adjust your experiences, preferences and long term career goals according to your own need and you all set to grab some brownie points with your resume.

  • 8 Best Farewell Quotes for Boss – Thank You Quotes for Boss

    The kind of relationship that you share with different people at different positions in the work environment is crucial for you as an employee. It not only keeps you on good terms with everybody but also keeps your working surrounding positive. One cannot bloom professionally if the relationships at work are sour or bitter. To be welcoming, positive, and vocal about how you feel and cherish the bond that you share with people is, therefore, very much important. 

    One of the most important people with whom it is essential to have a good bond is your boss. You may be supervised by more than a boss, and it is crucial to share a good professional bond with those. Maintaining good bonds, however, need to be considered for personal and professional boundaries. There are many ways to embrace professional relationships, such as celebrating each other’s successes, being there for each other’s failures, and sharing warm smiles and hand-shakes.

    When you share a perfect bond with someone, you are not only creating a positive space for two people but the entire environment. Your strong bond with one person also somehow determines how people perceive you. To embrace somebody’s important juncture such as promotion, farewell, or retirement is thus very important. This article is written for you to showcase how strong and positive a bond you share with one of the very important people in your professional life, your boss, on his farewell.

    Best Farewell Quotes for Boss

    1. We all have gathered here to celebrate our boss, Mr. ……..’s going away or rather his journey with our organization. I remember joining his team as a young lad, full of questions, and passion. Often I used to doubt whether I have taken the right decision or not, but there was one person who immensely trusted me and my talents as he did his entire team. You might not be with us after today, but whatever you have given to the organization will stay. Whatever you have made your co-workers and juniors learn through dedication, trust, and compassion will remain with all of us forever. Thank you for your amazing and enriching service to our organization ………….. .

    2. Putting my feelings into words for our beloved Mr…………..’s farewell was no easy task. AS much as I am happy for him that he is going to take a step further in what we call ‘employee life cycle’, it pains me that we no longer can be work associates. I can no longer pop into his office with a random doubt, and he can no longer give me probable solutions for it. There is no other way I could have learned so much personally, this organization would have gained so much professionally, and there is no way I can, or we can think of right now of thanking him, except for wishing well of his health and prosperity in the coming years.

    3. I tried to list everything that Mr ………… has contributed to this organization, mind my words, ‘tried’ and found the task excruciatingly daunting because he has done so much in such a small tenure that none of us can possibly think. I am making this speech on behalf of the entire team, but I am seriously running short of words. There was still so much to learn and assimilate from Mr…………… . But, nonetheless we feel happy that he is going to embark on a journey so much closer to his heart if not with us. To his success and prosperity in his new job and new role, three cheers.

    4. It is a kind of mixed feeling seeing Mr. ………… retiring. It is nearly impossible to imagine walking into the office early in the morning and not seeing old Mr……….. Already sitting at his desk at work, passing on a warm smile. It is impossible to imagine a birthday, an anniversary, a success being celebration inside this office ending without Mr. ………….. hilariously witty yet enriching speech. I don’t know how we will proceed, but as the saying goes, ‘The show must go on’. The show must go on with Mr ……… retired from his job, relaxing in his house with his family and us working towards taking this place to newer heights than what Mr. …….. is leaving us at. All the love and gratitude in my heart, I wish Mr………… a happy retirement.

    5. If there is anyone who has dedicated his entire life to make what our organization is today, it is none other than Ms. ………….. . I have seen her work the hardest, go through the toughest and yet be the kindest of all. I fondly remember her teaching many lessons to this branch and especially our team. Bidding her farewell with the kindest regards, Thank you. 

    6. I cannot think of anyone as dedicated, as passionate, and as enthusiastic about learning and contributing as much as Ms. …………. . She has been with our organization since the beginning and has been the very reason we can reach many milestones. It is sad for us that we can no longer cherish her presence but indeed joyous for her as she is stepping a step ahead with a new role that was much desired and deserved by her. Wishing her all the very best for the coming years! Thank You.

    7. If there is a single feeling that I would like to associate with Ms………… is its admiration. I have admired her ability to do everything and excel in them. I have admired her ability to take up, try out new things, and continue them with passion and grace. I have admired her compassion, kindness, and empathy, I hope after years of working under her, I have assimilated a few of these qualities into myself. After many relentless years of struggle and success, she deserves a happy and quaint retirement. Thank you for everything you have done!

    8. Keeping it short and happy, just the way Ms. …….. like I would like to wish her adieu and all the very best for the career and life she wishes to lead ahead of this. Achieving so much at a young comes with a lot of learnings and experience, and personal input. I hope she carries forwards her very much passionate self into the roles she is aspiring to in the near future and nourishes young minds like me with all her good qualities. Thank you!

    Don’t forget to modify these statements according to your peculiarities and circumstances, and you are good to bid farewell to your beloved boss!

  • Top 10 HR Magazines in India 2024

    Human Resource, like any other professional field, is an ever changing concept. There are trends, news and innovations happening every day and people associated with an organization, especially people working closely with Human Resource Department need to keep up with these updates so that the organization doesn’t miss out on effective and efficient innovations.

    One of the easiest ways to keep up with the newest trends is through magazines. Specifically, curated information and innovation is in a magazine can help your organization keep up with the latest developments in the HR sector. Given below are some of the reputed HR magazines in India, read and discussed by many reputable firms and HR professionals daily.

    Top 10 HR Magazines In India

    1. People Management

    People Management is a UK based magazine ranked number one by many trusted sources in the global HR network. It is the biggest publication on HR worldwide and also the official publication of Chartered Institute of Public Development (CIPD). It is published by Haymarket Media Group. It is trusted by many organizations in India as well as abroad due to its comprehensive knowledge dissemination through its varied content. It can brief you about specific issues, newest trends and familiarize you with known faces of HR world all around the globe through one issue. You can check their website for more details at www.peoplemanagement.co.uk

    2. HRD Connect

    HRD connect is again one of the more respected HR journal trusted by many organizations and professionally associated with Human Resource sphere. It again a UK based publication providing information on nearly all the spheres of Human Resource. HRD connect also provides a digital subscription for individuals and organizations to make it more accessible. One can also look into their podcast by the name HRD Connect Podcast to look into various topics or subscribe to their newsletter for specially curated news delivered into your email. For more information, check out their website www.hrdconnect.com

    3. HR Grapevine

    HR grapevine is a professional network of HR, mainly from Europe. It publishes a magazine by the same name covering the latest news, case studies, trends and innovations which is widely trusted by HR organizations and professionals worldwide. Their digital, as well as newsletter collection, is very much comprehensive in dealing with diverse topics at one go. Although the magazine is specifically talking about the UK, or more so Europe, it is widely read and respected by the global Human Resource network. Check out their website with this link, www.hrgrapevine.com

    4. Recruiter

    Recruiter is another magazine based out of the United Kingdom and mainly deals with the Human Resource culture of Europe but is widely read and respected by many Human Resource professionals. It deals with news articles, opinion pieces, culture and travel and everything related to the human resource field. For the organizations that want to take up a comprehensive discussion on Human Resource, this is the best option available in the market. Their online issue is available at www.recruiter.co.uk/magazine

    5. Employee Benefits

    Employee Benefits can be reached out with the following click on employeebenefits.co.uk/. This magazine is ranked in the top five HR and Business organization magazines that are available in the market about employee well being and human resource development in general.

    6. Personnel Today

    Personnel Today, which goes by the name of PT amongst its followers is again one of the best ranked magazines on employees, human resources and professional work environment in general. From day to day development in terms of factual news to the ways new ideas can be incorporated to make Human Resource more compatible and efficient, this magazine covers it all. The newsletter and digital subscription are also available, which makes it accessible to more people. For further information, check out their website at www.personneltoday.com

    7. Training Journal

    Training Journal known by the name of TD is again one of the widely read journals by human resource network worldwide. Although it deals with recruitment, training, apprenticeship and other similar opportunities for the benefit of job seekers as well as the organizations, it is widely trusted by HR professionals to make their work environment more compatible with the changes that are occurring the workspace. Further information can be accessed at www.trainingjournal.com.

    8. HR Magazine 

    HR magazine is again one of the most trusted reads by the emerging corporate workforce. It deals with the issues of employees as well as the employers and everything that is mildly related to HR. It gives a holistic framework to understand every role and responsibility of Human Resource professionals. You can check out about subscription plans and other information at www.hrmagazine.co.uk.

    9. HR Zone

    HR Zone, contrary to its various counter parts, is an online publication and does not come in print format. However, it deals with the various topic, issues and studies related to employment, management and work environment. Crafted especially for HR professionals, it touches diverse themes and hence is trusted by many across the globe. HR Zone can be accessed at www.hrzone.com.

    10. Changeboard

    Changeboard is a platform maintained by HR specialists and deals with each and every HR related issue in a very comprehensive yet varied way. One can find all sorts of information about every famous professional, event and trend from this magazine. For further information, check out their website at www.changeboard.com.

    These magazines are altogether one stop destination for all the quests and questions that you have regarding HR and everything around it.

  • Difference between KRA and KPI

    Every organization has got their goals, missions, and certain objectives to achieve. These objectives could be the short-term goals that need to be fulfilled in a given period. To determine if these strategies will achieve their goals and take the organization in the right way or not, the company makes use of dedicated metrics. And those are KRA and KPI. The primary relationship between KRA and KPI is that goals are made using KRAs, and realization will be measured by KPIs. Now, let us see the difference between KRA and KPI!

    What is KRA?

    KRA is a key result area and is one important success factor to the company no matter internal or external where superior performance should be achieved for an organization to attain their strategic goals and the vision and mission. The main result areas are the ‘critical success factors’ and ‘key drivers for success’.

    KRAs can be developed for the employees in a company linked to the job roles and performance objectives. Normally, key result areas will be around 3 to 5 major responsibilities, which are included in the employee’s job specification and indicate the main value of a person to the company. The analysis of such areas will help the employees to develop the personal strategic program for career development as well as serve basis for the employee performance analysis valuation.

    What is KPI?

    KPI is a key performance indicator made to assess the achievement of the objectives. For every objective out there, there is a dedicated KPI that can be set at the beginning of their performance period. At the end of this performance period, as per KPI, management will determine if the organization will attain a particular goal.

    Management must evaluate the following questions if deciding over KPIs

    • Can the KPI achievement be controlled?
    • Are KPIs linked with strategic objectives?
    • Can KPIs explain easily?
    • Is KPI simple to manipulate?
    • Are proper actions taken for improving the KPI performance?

    This balanced scorecard is the management tool made with heavy use of the KPIs and used to know KPIs efficiently. The balanced scorecard functions with 4 perspectives; goals are set for every perspective, and KPIs are used for measuring whether these goals are accomplished or not and to what extent they are realized.

    Difference between KRA and KPI

    Difference between KRA and KPI

    The primary objective of this post is to offer you an overview of what KPIs & KRAs are –and clear up a few misconceptions – and shed some light on why it’s important to separate both the metrics. We will run through a few definitions, and clear up what’s a KRA or KPI, dive into the importance of both, and offer some examples too.

    Your metrics can easily be broken down into two categories:

    Performance Indicators – PI’s are nonfinancial. They are measured on the regular cadence (every day, every week, every month, and so on.) and are the result of a person’s activity. PIs offer information over what action should be taken for improvement and are highly useful for creating proper strategies and aligning the goals. The indicators are:

    • Understood by employees
    • Actionable
    • Leading and forward-looking

    Result Area – One of the important goals for setting KRA is improving business communication and enhances productivity because everybody is aware of what winning is in their respective role. The areas are:

    • It’s specific, clear, and measurable 
    • It is under your control
    • It is an important business activity 

    Now, you have got your KPIs and KRAs. The major difference between the Indicator and Result Areas lies in their importance and value to you. So, whichever metric you consider is dependent upon your business’ priorities. For this reason, no tangible list of the indicators (i.e., Performance and Result) exists – and they are fluid & change depending on their business. Important to note that: If a metric impacts your business directly, it is ‘KEY’ for your business success

    Importance of KRAs and KPIs

    Key Result Areas is a strategic factor, implied to an organization where most favorable results are achieved, and reach its goal and take ahead the vision of the organization. 

    KPIs aren’t much flashy as KRAs, but more focused on actions, leading to positive results. Key performance indicators are the foundation from where successful strategies are made, and they are some steps, which take us to KRAs.

    Most of the businesses mistakenly rely on KRAs for offering insight into the overall performance of the business & direction over which activities are successful and what steps you must take next. Just KPIs can track down the steps taken (those that have to be taken) to make sure the success.

    Based on the above information, some major differences between KRA and KPI are:

    KPI KRA
    KPI is the performance metric that aims to evaluate the progress and achievement of the specific goal. KRA looks after the strategic area where the best performance is needed
    It’s the metric that checks the level at which the business goal is accomplished. It’s the metric that defines areas where employees are liable to produce positive results.
    It’s the quantifiable metric that gauges the performance of the product, service, in a market. It’s the qualitative metric and defines areas that will help to achieve the goals of an organization.
    Measures how successfully the organization achieves its goals at different levels. Helps to find out the scope of the job and product.

    Final Words

    As we can see, the major difference between KPI & KRA depends predominantly on the way that they are employed for organizational success. Each business has a pre-determined set of objectives that they wish to achieve that must be assessed against the dedicated metrics.

  • Best Answers for “Describe Yourself in One Line” Interview Question

    The first impression plays a vital role in how an interviewer sees you as an inspiring candidate. How you answer during your first phase of an interview will make a huge difference in the results– it can be either good or bad. Also, you do not have to look as lacking and awkward in your social skills. Instead, you will need to show you have the right communication skills and professionalism that can be an essential asset to a company when hired.

    Many times the questions you will be asked in the job interview will be, “How will you describe yourself?” Whereas you have many options when determining how you can answer the question, the key is explaining why your attributes and experiences make you the right fit for this role.

    Also Read: Tell Me About Yourself Sample Answers for Freshers

    If an interviewer asks to answer about yourself, they are generally looking for information on how your characteristics and qualities align with your skills that they believe -important to succeed in a role. You can include proven results that will show how you apply your attributes to get success. Let us look at some statements that recruiters love:

    • “I’m determined.”
    • “I have an eagerness to learn.”
    • “I’m passionate about my work.”
    • “I do not give up until I achieve it.”
    • “I’m well organized.”
    • “I have a positive mindset.”
    • “I enjoy challenges.”
    • “Hard work never bothers me. I like it.”
    • “I am a brilliant communicator.”
    • “I am a natural leader.”

    If these statements do not apply to you, then you must not include them. Suppose you get a job, people soon will see you were not truthful. These above statements apply for any job & they indicate you are a hardworking and cheerful employee. However, there are some extras that you will have to mention in the specific kinds of jobs.

    In this guide on best answers for “Describe yourself in one line” question, so let us stick to basics here.

    Describing Yourself in the Job Interview

    Best Answers for Describe Yourself in One Line Interview Question

    Know the Context

    It is a no-brainer. Context is the job interview, and describing yourself means answering the right answer on “describe yourself in one line” question.

    Do Research

    To describe yourself in the best possible way, you need to research as much as possible about the company that you are applying for. Ensure you are a cultural fit. Learn how you will answer them on what makes you passionate about the question.

    Check Your Body Language

    Your body language talks more than you can imagine. When you describe yourself to your recruiter:

    • Ensure your handshake is a bit firm and natural to trust.
    • Maintain eye contact.
    • Don’t fidget and cross your arms.
    • Talk with confidence.

    Be Prepared with Your Answers

    Make sure you prepare your answers and deliver the right interview introduction question. That’s it. It would help if you rehearsed many times on what you would like to say to reduce your odds of taken by surprise.

    Now, let us look at some examples to answer this question and elaborate a little.

    Samples Answers for “Describe Yourself in One Line” Interview Question

    Sample Answer #1

    “At present, I am working at XXX Company and have specialization in doing XXX. The key reason I have applied for the job is I saw XXX on your given job description & I think I will help you XXX. One of my primary accomplishments in my current role was to help my employer do XXX, and I am pretty confident I will help your existing team to get the same results here.”

    Sample Answer #2

    “I’m passionate about my role, and it is because I have a steady source of inspiration that makes me perform the best. In my previous job, my passion challenged me daily and got to learn many new skills, which helped me in doing much better work.”

    Sample Answer #3

    “I’m a results-oriented person, and constantly check with my goal to decide how close or far we are or what it can take to make this happen. For me, pressure inspires me and a great motivator for the team. Actually, over the past some years, I tried to help my team to shorten our product time by two weeks.”

    Also Read: 7 Most Common Job Interview Questions and Answers

    Make Sure You Practice Well Before You Answer Your Interview Question

    As a final point–ensure you do practice everything beforehand when planning to say when an interviewer asks, “describe yourself in one line?” and slowly elaborate on the points.

    Do not worry if it is not perfect the first time, with practice you will be more confident answering this question and will not look nervous or stumble when this particular question comes up. 

    So I would suggest noting down in a paper and writing the important points that you would like to talk about in your answer. You can write them down in the bullet format.

    After that, use your mobile phone’s voice recorder application to record some practice answers & see how you look.

    But, make sure you do not see your notes when giving the answers. An idea here is to try and remember what you have to talk about without reading what is on the paper. And glance at a paper AFTER to ensure that you have covered everything properly.

    Keep on practicing until you give a smooth and best answer without forgetting.

    Stay True

    Suppose you feel you cannot honestly say such things, then do not try. You should back your answers up with your life evidence. “I am determined. For instance, I….”

    You must ask yourself if you will be happy in the job where you need to portray to be somebody besides who you are and if you can even do it. Probably you will not. What would you get? Two things your future employer will not like is a short service and a bad reputation. Look to the field you will enjoy and improve at instead.

  • Absenteeism in the Workplace – Effects, Causes and Ways to Tackle It

    Employee absenteeism can be defined as frequent absence from their work. Such kind of absence can be categorized as the habitual absence that excludes paid time off or authorized leaves. In this post, we will look in detail the effects and causes of absenteeism and how an employer needs to tackle it. Without wasting any time, let us start:

    Effects of Absenteeism

    Workplace absenteeism affects both the employees and employers alike.

    Some of the consequences for employers are:

    • Huge administration costs.
    • Lesser productivity levels.
    • Lesser staff means poor customer service.
    • High labor costs, especially if you hire a replacement or temporary workers.

    Some of the consequences faced by employees:

    • Loss of pay when absent.
    • Decreased productivity after returning to work.
    • If absenteeism is unexplained and frequent, members of staff can face dismissal.

    Absenteeism can be costly for the workforce, and it is very important you know the strategies and causes to decrease it, for the benefit of everyone.

    Causes of Absenteeism

    There is not any one particular reason for absenteeism in the workplace, it is down for various reasons. Most of the reasons are legitimate, and some aren’t. Let us check out some of the common causes of absenteeism:

    Common causes include:

    • Stress, depression, and burnout: Developing mental health problems, stress, anxiety, and depression will cause the employees to miss their work. Higher pressures at work, relationship issues, and financial worries are some primary causes of burnout, depression, and stress.
    • Harassment & bullying: Whereas many cities are now taking proper steps to address such issues in the workplace, it is still common for the people getting harassed or bullied and makes them avoid that place if it happens. So, it is one case when an employee is getting harassed or bullied by the employer or co-worker, they call in sick and avoid that situation altogether.
    • Lack of involvement: Disengaged staff are the ones that are not committed to the job, colleagues, or company. Such workers are likely to miss their work just because they are not much motivated to move in.
    • Child care or other family responsibilities: Whenever some employees might have to take the unscheduled absence from their work to take care after an elder or any dependent family member. It can be down to the arrangements falling through and a family member being sick.

    Ways to Tackle It Rightly

    Absenteeism in the Workplace - Effects, Causes and Ways to Tackle It

    Investing in the workplace wellness initiatives will help to reduce absenteeism just by creating a healthy workplace culture, which offers employers with the proper tools that will help to improve their health at the workplace.

    Behavioral Changes

    Health and wellness solutions will help the employees to make some healthy behavioral changes, which might affect their health and making them stay absent from their work. Providing your worker’s lifestyle assessment days offer to give an overview of their health & provides a clear picture of where they are or what lifestyle changes have to be made to become healthier. 

    So, educating your employees about some health topics will make them aware and conscious about the health issues, it will be done through the health calendar that offers the bespoke program of the monthly wellness campaign, workshops, and events.

    Offer Employee Support

    For the employers to better support their employees, there has to be proper training on the management level, and managers have to become confident, compliant, and competent to deal with any issues that might be affecting their work attendance. This type of support will make a massive difference to the employees who are going through a tough time & make them feel highly valued. 

    The company must provide management training days that includes topic like mental health awareness, knowing the relationship between the performance and pressure, dealing and managing with the stress in the workplace, managing the change and developing the resilient teams & developing personal flexibility for the leaders.

    Right Remuneration

    Many times workers take up the side hustles and compensate for the poor remuneration. When they’re engaged in such kind of activities, they do not tend to care a lot about their work presence. And with time this turns in absenteeism. Thus, providing your employees with the right proper remuneration for work in an essential factor to keep them hooked to the workplace.

    Decrease Stress

    The workplace is one big source of depression and stress, and 15 million workdays get lost every year because of anxiety, stress, and depression. Stress will cause unplanned absences, thus trying to create a workplace environment where the employees feel relaxed and comfortable talking to the line managers who try to eliminate tension and stress. Certain solutions like office Pilates, office yoga, office tai chi, office massage, reflexology, aromatherapy, and beauty will help the employees to relax.

    Rewards & Incentivization

    Giving regular rewards and incentives to the employee with the best attendance record and work is an important step to motivate the rest of your workforce. It will help to boost employee morale whenever they come to know that their presence is highly appreciated in their workplace. You may opt for rewarding the employees with the best attendance each month. This can further motivate your employees to come to work & stay engaged.

    Wrapping Up

    Here we end our guide on absenteeism in the workplace. We have covered all areas from causes and other consequences of the absence behavior. The main point to know is that the high absence never happens in isolation. Many times, there are several other contributing factors, such as perception among the workers of getting ignored by the management, mismanagement, unpleasant organizational culture, and many other factors.

    It is just not possible to design the workplace where all your employees work at 100% at all times. It is important to understand your employees are humans and not machines. So, by instituting the given practices, you may create the work environment that offers your employees more control and freedom over the schedules when addressing some highly common causes for unscheduled absences.