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HR Glossary image
HR Glossary
Vijaya Lakshmi

What is Dearness Allowance (DA)?How to calculate it?

Dearness Allowance (DA) is an extra amount of money, which the employers pay to their employees as an additional compensation over and above their regular salaries to help them in dealing with the mounting cost of living.

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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.

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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.

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HR Glossary image
HR Glossary
Vijaya Lakshmi

What are Cross-Functional Teams?

Cross-functional teams are groups of people from different fields or departments of an organization, working as a team to complete specific projects or resolve complex business issues.

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