Blog Details

HR is not just hiring it’s a complete journey from

Manpower Planning ➝ Recruitment ➝ Onboarding ➝ Engagement ➝ Payroll ➝ Performance ➝ Exit ✅

✨ HR Life Cycle Includes: 👥 Manpower Planning

📌 Recruitment & Selection
📝 Offer & Joining
🎯 Onboarding & Induction
📚 Training & Development
📊 Performance Management
🤝 Employee Engagement
💰 Payroll & Benefits
⚖️ Compliance & Employee Relations
🚪 Exit & Full & Final Settlement

📌 Why this matters?
A strong HR process builds:
✅ Better hiring
✅ Strong culture
✅ High retention
✅ Employee satisfaction
✅ Business growth


General & Core HR

 

Abbreviation

Full Form

Use / Meaning

HR

Human Resources

The department managing people and culture.

HRBP

HR Business Partner

HR professional aligned with business units.

HRIS / HRMS

Human Resource Information System / Management System

Software for managing employee data.

HCM

Human Capital Management

Broader term for HR strategy & systems.

SOP

Standard Operating Procedure

Step-by-step guide for processes.

KRA

Key Result Area

Defined goals or responsibilities of a role.

KPI

Key Performance Indicator

Metrics used to measure performance.

JD

Job Description

Detailed description of role duties.

MIS

Management Information System

Reports and data used for decision-making.

TAT

Turnaround Time

Time taken to complete a process, such as hiring.

Recruitment & Selection

Abbreviation

Full Form

Use / Meaning

ATS

Applicant Tracking System

Recruitment software to manage candidates.

LWD

Last Working Day

Candidate's exit date from a previous job.

RJP

Realistic Job Preview

Clear explanation of job expectations.

TNI

Training Needs Identification

Identifying skill gaps before hiring or training.

NOC

No Objection Certificate

Clearance document from a current employer.

POE

Proof of Employment

Document verifying a candidate's employment.

IJP

Internal Job Posting

Vacancies available for internal employees.

SOR

Source of Recruitment

The channel through which a candidate applied.

LOI

Letter of Intent

Pre-offer letter issued before the final offer.

DOJ

Date of Joining

When an employee officially joins the company.

OJT

On Job Training

Training conducted while performing job tasks.

Payroll & Compensation

Abbreviation

Full Form

Use / Meaning

CTC

Cost to Company

Total annual pay package.

LOP

Loss of Pay

Salary deduction for unpaid leave.

LTA

Leave Travel Allowance

Tax benefit provided for travel expenses.

DA

Dearness Allowance

Cost of living allowance.

HRA

House Rent Allowance

Salary component dedicated to housing.

TA

Travel Allowance

Reimbursement for travel.

TDS

Tax Deducted at Source

Income tax deducted directly from salary.

PF

Provident Fund

Statutory retirement benefit.

ESI / ESIC

Employees' State Insurance (Corporation)

Medical and insurance benefits for employees.

PT

Professional Tax

State-level tax on employment.

Gratuity

-

Payment for long-term service (usually after 5 years).

IT

Income Tax

Tax levied on employee income.

VDA

Variable Dearness

Inflation-linked pay component.

WPS

Wage Protection System

Salary transfer compliance used in some countries.

Statutory Compliance & Labour Laws

Abbreviation

Full Form

Use / Meaning

EPF

Employees Provident Fund

Retirement fund with a 12% contribution.

EPS

Employees Pension Scheme

The pension component of the PF.

UAN

Universal Account Number

A unique identification number for PF.

ESIC

Employees' State Insurance Corporation

Organization providing medical benefits.

CLRA

Contract Labour Regulation & Abolition Act

Regulates contract labour.

ID Act

Industrial Disputes Act

Governs employee disputes and terminations.

MW Act

Minimum Wages Act

Sets minimum pay rates.

POSH

Prevention of Sexual Harassment

Workplace harassment prevention policy.

PoB

Payment of Bonus Act

Regulates employee bonuses.

PoG

Payment of Gratuity Act

Governs gratuity payments.

S&E

Shops & Establishment Act

Governs working conditions.

LWF

Labour Welfare Fund

Statutory fund for worker welfare

Performance, Training & Development

Abbreviation

Full Form

Use / Meaning

PMS

Performance Management System

Framework for performance reviews.

MBO

Management by Objectives

Goal-based performance approach.

OKR

Objectives and Key Results

Modern goal-setting method.

BSC

Balanced Scorecard

Performance measurement tool.

PIP

Performance Improvement Plan

Plan for low-performing employees.

360` Feedback

-

Feedback from all levels including peers and managers.

IDP

Individual Development Plan

Plan for employee career growth.

L&D

Learning and Development

The training department.

TNI

Training Needs Identification

Identifying skill gaps.

TNA

Training Needs Analysis

Detailed skill gap assessment.

ROI

Return on Investment

Measurement of training cost vs. benefit.

ILT

Instructor-Led Training

Classroom or live training sessions.

e-Learning

Electronic Learning

Online courses.

NATS

National Apprenticeship Training Scheme

Government apprenticeship program.

NAPS

National Apprenticeship Promotion Scheme

Incentive-based apprenticeship scheme.

Attendance, Leave & Exit Management

Abbreviation

Full Form

Use / Meaning

CL

Casual Leave

Short-term leave.

SL

Sick Leave

Leave taken for illness.

EL / PL

Earned Leave / Privilege Leave

Accumulated leave.

ML

Maternity Leave

Leave for childbirth.

PPL

Paternity Leave

Leave for fathers.

WFH

Work From Home

Remote working arrangements.

OD

On Duty

Leave for work-related travel.

F&F / FnF

Full and Final Settlement

Final payment during an employee's exit.

NDC

No Dues Certificate

Clearance from all departments upon exit.

Attrition

-

Employee turnover rate.

Retention

-

Strategies used to keep employees.

BOE

Break of Employment

Record of an employment gap.

Employee Relations & Analytics

Abbreviation

Full Form

Use / Meaning

ER

Employee Relations

Managing employee concerns.

IR

Industrial Relations

Employer-union-employee relations.

CSR

Corporate Social Responsibility

A company's social initiatives.

COC

Code of Conduct

Behavioural rules for employees.

HR Dashboard

-

Visual data of HR metrics.

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