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Your A-Z Guide of HR Acronyms & Abbreviations

Analytics in HR

BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. HR acronym usage example: “Examples of a BIK include healthcare benefits, meal vouchers, retirement plans, childcare assistance, and accommodation.”

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Guide to Hiring Employees in Costa Rica

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Employee Benefits: Employees in Costa Rica are entitled to various benefits, including paid vacation days, sick leave, maternity and paternity leave, and bonuses such as the mandatory Christmas bonus (Aguinaldo) equivalent to one month’s salary.

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Guide to Hiring Employees in Malawi

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Cultural Sensitivity: Given Malawi’s diverse cultural landscape, interviewers are often mindful of cultural sensitivities and avoid asking questions that may be considered inappropriate or discriminatory. Celebrating Diversity: Malawi is a diverse country with multiple ethnic groups and languages.

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Guide to Hiring Employees in the Philippines

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Hiring the right talent is crucial for the success of any business, and understanding the local employment landscape is essential for effective recruitment. In the Philippines, a diverse and dynamic labor market awaits employers. Home Development Mutual Fund (Pag-IBIG): Contributions for housing loans and related benefits.