It is the human resource program used to help separate employees deal with the emotional stress of job loss and to provide assistance in finding a new job. It helps to reduce some risks like- negative publicity, litigations, reduction in …
The interview is taken to understand employee better. The stay interview is an opportunity to build trust with employees and to assess the degree of employee satisfaction and engagement that exists in a department or company. For employers – not …
Exit Interview is an interview held with an employee who is leaving the organization voluntarily. Purpose- It is to find out the reasons why the employee is leaving and/or to provide counselling and assistance in finding a new job. It …
This involves not hiring new employees for a certain period. PDF – https://drive.google.com/file/d/1JvT4OWhQ-Zjg_P9ZahrzoRpCCpzI5y7S/view?usp=sharing A hiring freeze is when a company suddenly stops hiring new employees to fill company positions. A company might continue to hire new employees for roles deemed …
It refers to terminating the service of an employee by way of punishment for misconduct or unsatisfactory performance. Unsatisfactory performance includes persistent failure of the employee to perform his job to the specified standards. Pdf – https://drive.google.com/file/d/1BVtK8sMy6KhrtMvR30sSMNkUTuWGZMSR/view?usp=sharing Misconduct means willful …
It is the permanent termination of an employee’s service for economic reasons in a going concern. It is termination due to the redundancy of the workforce. It is a business strategy to reduce the company’s expenses. PDF
Received cheque as full payment from Rajani Enterprises and deposited same day into the bank Analysis of transaction : Increase assets (Bank) on the one hand and decreases assets (Rajani Enterprises as debtors) on the other hand. Increase in assets …
Paid the monthly store rent ₹2,500 in cash Analysis of transaction : decreases capital thus, are recorded as debits. Credit cash to record a decrease in assets.
Goods costing ₹25,000 sold to Rajani Enterprises for ₹35,000. Analysis of transaction: This transaction increases sales (Revenue) and increases assets (Rajani Enterprises as debtors). Increases in assets are debited and increases in revenue are credited. JournalCredit to Sales account and …