HR Glossary

Employee Stock Option Plan

ESOP is a plan through which a company awards Stock Options to the employees based on their performance. Under an ESOP, the employees have right to buy the shares of the company on a predetermined date at a predetermined price. The objective of ESOP is to motivate the employees to perform better and improve shareholders' value. Apart from giving financial gains to the employees, ESOP also creates a  sense of belonging and ownership amongst the employees. 

Really Simple Syndication

It is a way to easily distribute a list of headlines, update notices, and sometimes content to a wide number of people. It is used by computer programs that organize those headlines and notices for easy reading. RSS works by having the website author maintain a list of notifications on their website in a standard way. This list of notifications is called an "RSS Feed". People who are interested in finding out the latest headlines or changes can check this list. Special computer programs called "RSS aggregators" have been developed that automatically access the RSS feeds of websites you care about on your behalf and organize the results for you. (RSS feeds and aggregators are also sometimes called "RSS Channels" and "RSS Readers".)

Human Capital Management

HCM helps organizations analyze workforce strengths and vulnerabilities, while surfacing opportunities and strategies that allow business leaders to proactively manage human capital. By providing a holistic view of your work force, the solution gives you the consistent and accurate answers needed for strategic decision making.

Knowledge Process Outsourcing

KPO stands for Knowledge Process Outsourcing. KPO includes processes that demand advanced information search, analytical, interpretation and technical skills as well as some judgment and decision-making. It is essentially an offshoot of business process outsourcing (BPO). One can call it a high-end activity, which is likely to boom in coming years. There is a huge potential in this field of knowledge. The whole concept of KPO is information driven. It means that it is a continuous process of creation and dissemination of information by bringing together the information industry leaders to create knowledge and see meaning in information and its context.