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 18 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 definitionHeadhunting
Understanding Headhunting in Human Resources In the realm of Human Resources (HR) and talent acquisition, headhunting refers to the specialized process of actively seeking out and recruiting highly sk...
View definitionHealth and Insurance
In the field of Human Resources (HR), Health and Insurance (often categorized under Employee Benefits or Total Rewards ) refers to the comprehensive suite of medical, dental, vision, life, and disabil...
View definitionHealth check ups of industries under Labour Laws
Statutory Occupational Health Examinations: A Comprehensive Guide In the realm of Human Resources (HR) and industrial relations, Health Check-ups under Labour Laws (formally known as Statutory Occupat...
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 definitionHealthcare Recruitment
Healthcare Recruitment Healthcare recruitment (often referred to as medical recruiting or healthcare talent acquisition) is the specialized human resources process of sourcing, screening, credentialin...
View definitionHelp desk for payroll-related compliances (only in exclusive resource model)
Understanding the Payroll Compliance Help Desk (Exclusive Resource Model) A Help desk for payroll-related compliances (in an exclusive resource model) is a highly specialized, centralized support func...
View definitionHire to Retire Application
Hire-to-Retire (H2R) Application A **Hire-to-Retire (H2R) application** (also referred to as the Hire-to-Retire process, cycle, or suite) is a comprehensive, integrated enterprise software solution de...
View definitionHR Administration
HR Administration What is HR Administration? Human Resources (HR) Administration refers to the foundational, operational, and day-to-day tasks required to manage an organization's workforce. While str...
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 Interview
An HR Interview (Human Resources Interview) is a foundational stage in the corporate hiring process, typically conducted by a talent acquisition specialist or human resources representative. Serving a...
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...
View definitionHuman Capital Management (HCM)
Understanding Human Capital Management (HCM) Human Capital Management (HCM) refers to a comprehensive set of organizational practices and strategic methodologies focused on the acquisition, management...
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