What is Due Diligence?

‘Due Diligence’ refers to the fact that humans actively avoid danger by taking precautionary steps. Concerning HR and business, it refers to the precautionary steps a company takes before getting into a contract or agreement with another party.

Most companies undertake due diligence when they buy out a smaller company. It is done to weigh all the pros and cons of the acquisition and make sure that the deal does not prove to be a loss further down the line. It is also done before a merger between two companies.

The process might be conducted by either an in-house group or it can be given to a third party for a thorough investigation. On a higher level, it can be divided into Operational Due Diligence (ODD), Intellectual Capital Due Diligence (ICDD), Financial Due Diligence (FDD) and Commercial Due Diligence (CDD).

Competency-based Training

What is Competency-based Training ? ‘Competency-based Training’ refers to the training philosophy of training based on specific competencies. Unlike legacy training methods, competency-based training generally

On Roll and Off Roll Payroll

Since an employee joins an organization, the payroll starts to count. Though the payroll models are created based on numerous employee job responsibilities, the term

Due Diligence