Social Networking

What is Social Networking?

 

‘Social Networking’ is the act of forming and maintaining social relationships. It is mostly used to build relationships with like-minded individuals. However, businesses these days are concentrating more on social networking since networking is one of the key factors in the success of a business.

 

Social networking might also refer to the online social relationships that one can form online with like-minded individuals. With the advent of specialized online platforms in the form of social media, even multi-national corporations have started advertising themselves on social media with their own dedicated pages where they engage with their consumers and customers.

 

Companies are also using the modern cloud-based HRMS with inbuilt social networking features to engage with their employees and help them by sharing knowledge and information.

More HR Terms

Total Remuneration

What is Total Remuneration?   ‘Total Remuneration’ refers to the monetary benefits provided to an employee by the company excluding non-monetary benefits. Generally speaking, it

Summary Plan Description

What is Summary Plan Description?   ‘Summary Plan Description’ refers to the documented tenets of the predefined benefits plan that the employee is provided with,

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