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CORPORATE SOCIAL RESPONSIBILITY (CSR) CSR means that a company's business model should be socially responsible and environmentally sustainable. It is more of a social obligation for corporate to best serve their stakeholders and to improve the social, economic and environmental well-being of the communities in which they exist and work. According to CSR policy a... Continue Reading →
House Rent Allowance (HRA) Important component of salary structure and is given by employer to meet the expenses of a rented house/accommodation taken by employee. HRA ranges from 40% - 60% of basic salary. - HRA is 40% of basic salary – Non metro cities - HRA is 50% of basic salary - Metro Cities... Continue Reading →
Human Resource Management Human Resource Management in its simplest definition means management of organization’s manpower or workforce or human resources. Evolution of HRM The evolution of the concept of Human Resource Management is presented below Period before industrial revolution - The society was primarily an agriculture economy with limited production. Number of specialized crafts was... Continue Reading →
HRDictionary 