Disha Singh 
What is Human Resource Accounting? Human Resource Accounting is the process of identifying and reporting the Investments made in the Human Resources of an Organisation that are presently not accounted for in the conventional accounting practices. In simple terms, it is an extension of the Accounting Principles of matching the costs and revenues and of … Read more
Why We Need HRIS? HRIS provides human resource professionals with opportunities to enhance their contribution to the strategic direction of the firm, First, by automating and devolving many routine human resource task to the line management, HRIS provides human resource professionals with the time needed to direct their attention towards more business-critical and strategic level … Read more
What is HRIS? Human Resource Information Systems (HRIS) is a process that utilizes information technology for the effective management of human resource functions and applications. It is a computerized system typically comprising a database or interrelated database that tracks employees and their employment-specific information. In simple words, Human Resources Information System is a system that … Read more
What are Fringe Benefits? Fringe benefits refer to various extra benefits provided to the employees, in addition to the compensation paid in the form of wage or salary. These benefits can be defined as any wage cost not directly connected with the employees’ productive effort, performance, service, or sacrifice. It is also defined as those … Read more
What are the Human Resources Records? Human Resources records are the documents and files related to the human resources of the organisation. They contain the information related to manpower plans, recruitment, selection, training, compensation, appraisal, job changes, etc. The job application, test scores, results of medical examination, job descriptions, job specification, labor turnover, absenteeism data, … Read more
What are Wage Incentives? Wage incentives can be defined as variable rewards granted according to the achievement of a specific result. The basic philosophy behind an incentive scheme is that any person who works hard will be able to earn more. The incentive that the employees get is in addition to the base wage that … Read more
Motivating employees to work according to the wishes of the organisation, is a very complex procedure. There are many variables which have an influence on the way in which they work. Over a period of time, many theories of motivating employees have been proposed by behavioural scientists. These theories are termed theories of motivation. The … Read more
What is Motivation? Motivation is the work a manager performs to inspire, encourage and impel people to take the required action. In simple words, motivation is a process by which a need or desire is aroused and a psychological force within our mindsets is in motion to fulfil our needs and desires. An unsatisfied need … Read more
What is Counselling? Counselling is a discussion of a problem that usually has emotional content with an employee in order to help the employee cope with it better. Counselling seeks to improve employee mental health. By Keith Davis In other words, Counselling is a relationship between the counsellor and the counselee characterised by trust and … Read more
What is Employee Safety? Employee safety involves protecting employees from injuries caused by work-related accidents. In other words, Safety, both physical and psychological safety, is present when people are free from being bodily harmed. Objectives of Employee Safety The main objective of providing employee safety is to protect employees from all forms of physical dangers. … Read more
