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Business services

The business service industry provides the core business skills and knowledge required for a high performing workplace.It covers an array of expertise, including customer contact, business administration, business management, business information and human resource management.

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Business services > Human resources

Pink Slip

; Human resources

Definition: If there's one colour that's in fashion these days, it's pink. But don't look to Paris for why. The current ubiquity of pink has its roots in the American expression ...

Mbo

; Human resources

Definition: MBO is a management practice which aims to increase organizational performance by aligning goals and subordinate objectives throughout the organization. Description: ...

Voluntary Retirement Scheme

; Human resources

Definition: Voluntary retirement scheme is a method used by companies to reduce surplus staff. This mode has come about in India as labour laws do not permit direct retrenchment ...

Employee Stock Option Plan

; Human resources

Definition: An Employee Stock Option Plan (ESOP) is a benefit plan for employees which makes them owners of stocks in the company. ESOPs have several features which make them ...

Competency Mapping

; Human resources

Competency mapping identifies an individual's strengths and weaknesses. Definition: Competency mapping identifies an individual's strengths and weaknesses. The aim is to enable ...

Management By Walking Around

; Human resources

Management by Walking Around basically refers to managers spending some part of their time listening to problems and ideas of their staff, while wandering around an office or ...

Blood-Borne Pathogens Standard

; Human resources

An OSHA standard that sets forth requirements for employers with workers exposed to blood or other potentially infectious materials. In order to reduce or eliminate the hazards ...