Key Performance Areas (KPAs) are the critical aspects of work that an employee, project team, or organization is accountable for to achieve strategic goals. KPAs outline the tasks and responsibilities that must be fulfilled, defining what each role or department is expected to focus on. Unlike ...
What Is the Difference Between KRA and KPI? KRAstands forKey Result Areaand highlights the areas of business processes that require a high-level performance to achieve the desired results. Key Performance Indicator is used to measure the achievement of an objective – these objectives are defined ...
To manage each KRA/ KPAs, a set of KPI are set . KRA and hence KPI is attributed to the department which can have effect on the business results and is self measured where applicable. THE IMPORTANCE AND WEIGHTAGE OF THESE ELEMENTS
TDS needs to be deducted only once when the actual payment is reimbursed, or it gets due. Any delay in deduction attracts interest at the rate of 1%/ month until deduction of tax. Any individual, employer, or others must credit the tax deducted to the account of the government by the 7t...
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it can help to avoid or minimize layoffs. It also allows the company to retain experienced and valued employees who might otherwise resign or be forced out due to a change in their job duties. In addition, bumping can provide consistency and stability during a time of upheaval and can help...
their payroll costs. Employers may keep expenses down by basing the amount they pay their employees on the number of sales or money they make. This is especially true when talking about employees who do not perform well. It’s also a terrific method to cultivate a proactive and motivated ...
It is very usual that not all the people born in a specific time period/born under a specific generation will share the same point of view and philosophy. But most of the Millennials have a common philosophy toward career and life. They don’t want to start their career with a small job...
Cluster Chain–Cluster chain is the most common and prominent grapevine communication pattern. This kind involves one person telling information to a group of trusted individuals. Some of these people may inform a small number of other people. ...
What is Affinity Bias? Affinity bias refers to the tendency of individuals to favor or have a more positive attitude toward persons who are similar to them in some manner. Fundamentally, affinity bias is just the human predisposition to feel more at ease and connected to people who have ...