A Deferred Profit Sharing Plan (DPSP) is a type of employee benefit plan in Canada. It is a way for employees to share in the…
Disparate Treatment – Definition, Examples and Tips
Disparate treatment is a discrimination that occurs when an employer treats an employee or job applicant differently because of their membership in a protected class….
Diversity Management: Meaning, Strategies, Tips and Benefits
What is Diversity Management? Diversity management is the strategic process organizations use to leverage the diversity of their workforce to achieve greater success. Diversity management…
Delayering – Definition, Meaning, Importance and Benefits
What is Delayering? Delayering is the process of eliminating one or more levels of hierarchy or management layers from an organization’s structure to let the…
What Is a Demotion? Definition, Meaning, Types and Process
What Is a Demotion? Definition: A demotion is a company’s (or sometimes an employee’s) decision to lower an employee’s status, title, and (often) salary or…
Health and Safety Regulations Explained
What are Health and Safety Regulations? Health and Safety Regulations are a set of specific guidelines that are designed to protect employees from workplace hazards….
Headhunter – Definition, Types and Pros & Cons
A headhunter is a person who finds job candidates on behalf of employers. Headhunters work with businesses to identify and recruit employees for specific positions….
Gains Sharing – Types, Advantages and Disadvantages
Gains sharing is a type of employee incentive plan in which employees are rewarded for increasing productivity or decreasing costs. The intent of gainsharing is…
Company Culture – Types, Examples and Benefits
Company culture is the organization’s shared ideals, qualities, and characteristics. It includes the customs and traditions of the company, as well as the behavior of…
Blue Collar Worker – Jobs they do, Qualifications and Importance
A blue-collar worker is a person belonging to the working class of the society, who is mainly involved in manual labor. Blue-collar work involves both skilled…
Buddy System – Definition, Importance and Responsibilities
The buddy system is a knowledge-sharing method used to hire new employees by assigning an existing employee as a buddy to a new employee to…
HR Outsourcing – Overview, Services and Benefits
Curious about what is HR outsourcing, and why industry experts are suggesting outsourcing HR functions as one of the best ways to reduce risks and…
Knowledge Skills And Abilities (KSA) Basics and Differences
Are you looking for the right ways of presenting your Knowledge, Skills, and Abilities for your next job interview? Then this post is personalized to…
Psychological Contract – Importance, Example & Advantages
A psychological contract is defined as a mutual understanding of the employer and employee about mutual expectations. Explanation The psychological contract is different from a…
Human Resource Strategy – Characteristics & Components
Human resource strategy is referred to the long-term plans of the organization that are created to align the human assets with the business activities. It…
