Discover Actionable Workplace Insights
in the Insightful Blog

If You Can Measure It, You Can Improve It.

HR Glossary image
HR Glossary
Vijaya Lakshmi

Difference Between Gross Income and Net Income

Gross income stands for the amount of money earned by the person or a company right before any deductions or taxes are made. Net Income refers to the income remaining after deducting all expenses, taxes, and other deductions from gross income.

Read More

»

HR Glossary image
HR Glossary
Vijaya Lakshmi

Differences Between Training and Development

The learning process is the acquisition of knowledge, skills, and abilities necessary to perform particular tasks at the workplace. Development means a comprehensive process of improving one’s competence, knowledge, and personal potential beyond the current role and responsibilities.

Read More

»

HR Glossary image
HR Glossary
Vijaya Lakshmi

What is Downsizing? Meaning and Definition

Downsizing is often used to describe the act of reducing either the number of employees in a company or the company’s operations to reduce costs, improve efficiency, or reorganizing the

Read More

»

HR Glossary image
HR Glossary
Vijaya Lakshmi

What is Deduction?

A deduction represents the amount of the money that is withheld or subtracted from the gross salary of an employee as a part of the compensation package which leads to the lower net salary or take-home pay.

Read More

»

HR Glossary image
HR Glossary
Vijaya Lakshmi

What is Data Breach?

A data breach takes place when any sensitive or confidential information is accessed by unauthorized people or organizations.

Read More

»

Recent Comments

No comment found.