Business Glossary
Clear, concise definitions of key business terms in payroll, finance, HR, compliance, and outsourcing. Your reference guide from MYND's domain experts.
Showing 9 terms starting with "H"
Clear filterHeadcount Reporting
Headcount Reporting Headcount Reporting is the systematic process of gathering, analyzing, and presenting data regarding the number of individuals employed by an organization at a specific point in...
View definitionHealth Insurance
What is Employer-Sponsored Health Insurance? In the context of Human Resources (HR), Health Insurance (specifically employer-sponsored or group health insurance) refers to a type of benefits plan sele...
View definitionHR Analytics
HR Analytics HR Analytics , also commonly referred to as People Analytics or Workforce Analytics , is the data-driven process of collecting, analyzing, and reporting on human resource (HR) processes...
View definitionHR Policies
HR Policies In human resources, HR policies are a set of formal rules, guidelines, and principles established by an organization to govern the conduct of its employees and the management of its...
View definitionHRA (House Rent Allowance)
House Rent Allowance (HRA): Understanding a Key Employee Benefit The House Rent Allowance (HRA) is a component of an employee’s salary package, provided by an employer to help offset the cost of...
View definitionHRIS (HR Information System)
HRIS (Human Resources Information System) A Human Resources Information System (HRIS) is a software solution that serves as the intersection between human resources (HR) management and information...
View definitionHRMS (HR Management System)
Definition: What is an HRMS?
View definitionHRO (Human Resources Outsourcing)
Human Resources Outsourcing (HRO) Human Resources Outsourcing (HRO) refers to the practice of delegating specific human resources (HR) functions or processes to an external third-party provider.
View definitionHSN Code (Harmonized System of Nomenclature)
HSN Code (Harmonized System of Nomenclature) The Harmonized System of Nomenclature (HSN) code , often referred to simply as the HSN code, is an internationally standardized system of names and...
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