Who is not excited for the first salary,but imagine if you don’t know what are the terms in your payslip?

Starting with, your payslip will include four terms namely:

1. Basic pay is generally fixed amount which is around 30 to 40% of your salary.
2. Variable pay will be consisting of your allowances, benefits and reimbursement which differs from company to company and will be paid by the company.
3. Bonus is specifically performance bonus which will be based on the performance and contribution towards organization which will be different from employee to employee.
4. Deductions mainly consist of provident fund for which 12% will be contributed from your salary  and 12% from the employers side.

post all the deduction the amount which will be left is your  in hand salary (which will be paid by employer to you) ,while negotiating keep in mind the employer will be negotiating on the basis of the variable pay and not the fixed pay.If employer agrees to pay you more it means they will be increasing the cost to company and not your in hand salary however at the end it is you who is benefited.

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If you are a job seeker you should have your resume in first place also it is said selection of candidate with proper resume are higher. So here are some points to remember while preparing it:

• first and foremost do not fake anything
• There should not be any spelling mistake or typos
• Do not use color or cartoon
• Type and size of the Font should be uniform throughout preferable type should be times new roman or calibri and size should be between 11 to 16 as,

Name should be 16
Heading should
Text should be 11 to 12.

• If possible use bullet points so that it is easy for people to read.
• You should include your phone number or email id as an way to contact you.
• Do not underline or use italics and boxes.
• Do not border your resume.
• Line spacing should be 1.5.
• you should not include I HEREBY DECLARATION sentence in your resume.

This are some of the points you should keep in mind while preparing your resume.

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There is an format which should be followed while preparing your resume.

• On the top left side mention your Address.
• On the top right you can place  your photo (photo should be clicked in formals) some organization may not need your photo to be on resume so this is optional.
• On the top middle mention your Name with contact number and email id .
• Start your resume with career objective which should not be more than 2 sentences try to keep it original and not copy pasted from Google.
• Follow objective  by work experience in which you can include details about your summer internship  if any.
• Mention your Academic qualification after your experience.
• Mention any skills which you have .eg. Microsoft excel,typing ,language etc.
• Then mention your extra curriculum activities ,achievements and awards also mention the level (state,national and international)
• Do not mention I hereby declaration sentence in your resume.

This is the format to be followed while preparing your resume.

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How many times do we hear the word compensation? many a times right!!

everyone have a rough idea about the term however,

compensation  is basically most attractive and desirable thing which employee seek , however employee will get the compensation only if the employer will be willing to offer the same in exchange for the services offered by the employee .

There are two types of compensation offered by the employer

• Financial which include your basic salary,bonus paid,loans and advances which are paid by the employer in terms of hard cash.
• Non-Financial are nothing but includes recognition ,opportunity for growth in the organization,good organizational culture and also policies.

however compensation are given by the employer on two basis namely willingness to pay and ability to pay.willingness of the employer depends upon the policy strategy and ethics of the organization however on other hand the ability to pay depends on the growth of the market shares and profitability of the organization.

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When you move to corporate there will be an instance when you will be going through the phase of appraisal which  actually can be exciting or sometimes may be not depending on your performance during the year.

Appraisal forms are basically used for collecting information  on performance of the employee which can be filled on paper or it can be electronically filled.

If you are wondering from whom the information is been collected then they can be :

1. Immediate bosses to whom you report.
2. Higher management which are a level higher than your manager
3. Your co-worker that is your peers.
4. Your customer will be those for whom you are rendering the services.
5. Self-appraisal which mean you will be giving the information about your own performance during the year.

you should remember form filled  by you in the  process of self appraisal  will be compared with the information provided by your immediate boss or management  on your performance during the year and then evaluation will be done.

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Email is an important communication tool. Once you join an organization it will be a part of your  daily routine as it will be an way of communication and you cannot make any mistake while writing an it as it will create a negative impression on the receiver.There are some points to be remembered while writing an email

• It should always  be left align
• Do not use words like Ma’am and no comma to be used
• Always remember tonality of the email always matters.
• There should be space between paragraph.
• It should contain head body and salutation
• Salutation can be (yours sincerely ,Thanks and regards) depending on the matter

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If you want to opt for HR you should know what are actual objectives of HR so here I will list the main of them.

SOCIETAL: This is nothing but to be ethical and socially responsible for the need of society. For example what happened in the Maruti Manesar case was that HR HEAD  was killed in the fight between the top level management and the contractual laborers .this happened because the HR lacked SOCIETAL objective.

ORGANIZATIONAL: This objective of HR is to assist the organization with its primary objective.

FUNCTIONAL: An HR should be able to maintain the departmental contribution at the level which is appropriate to the organization needs. this objective includes right-sizing of the employees.

PERSONAL: This is the main objective wherein HR should be able to guide the employee to develop their career path and achieve his/her personal goal.

so if you are thinking to make a career in HR this is the OBJECTIVES which you need to accomplish in order to be a successful HR.

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Competencies are nothing but the essential skills required for different role . there are 5 critical HR competencies which includes

STRATEGIC CONTRIBUTION:this is nothing but HR should have knowledge about the strategic planning  and should have the ability to contribute at strategic level which means .

BUSINESS KNOWLEDGE: This basically means HR should understand the business and industry which they are into.

PERSONAL CREDIBILITY:This competency is nothing but it revolves around trust which means HR should have effective relationship with the key(important) people who has the ability to deliver result and helps in increasing the productivity of the company.

HR TECHNOLOGY: With the rapid growth in IT firm HR should have the ability to be up-to date with the technology which will in turn help to deliver the value.

HR DELIVERY: This competency includes traditional and operational activities regard to staffing,developing the organizational structure and also performance management.

so these are the KEY competencies which are very critical for the people who are looking forward for HR.

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HR:When any person (apart from who has studied HR as a subject) hears the word “HR” the only thing comes in his/her mind is recruitment ,but let me tell you its not just recruiting but more that that. people who are looking forward to do HR as their specialization need to know that including recruitment ,the job also has various other aspects such as appraisal,remuneration,compensation,benefits and what not.

If you are an HR or want to opt for HR  you need to understand different terms such as business structure,how to Motivate the employees,if needed changing the organization culture,knowing the employees and their needs  are also included in the so called “responsibilities “ of HR .The main challenge as an HR  will be training and development of employees  because in order to increase the productivity of the organization it is essential that the employees who are working needs to be updated on the recent trends and technology which will also be added as a responsibility of an HR.Now you know HR has got an vital role in the organization and of-course not just RECRUITING!!

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As we all know the world is moving and developing at an higher pace and so as INFORMATION TECHNOLOGY,the next generation will be purely based on cloud computing which is basically an common server  which everyone can access.

now if we see the relation between HR and CLOUD COMPUTING  its kind off interesting stuff ,like if the process of operation has been modified and the employees are needed to be notified for the same the HR just need to upload the stuff on the cloud server  which is can be accessed by every employe and also the employees can go through the same anytime they want , isn’t it interesting.

well with the introduction of cloud computing HR job has become a bit simpler only if the HR is updated about the same.So if you are an HR or working in any other field CLOUD COMPUTING is something which will be definitely benefiting your organization.

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