Goldbricking

What is Goldbricking ?

  
‘Goldbricking’ is the term that implies the practice of making something look valuable, while it is not. Concerning HR, it refers to those employees who actually do less work than they can while maintaining an air of seriousness and trying to look hard at work.
 
The expression has also come to include the time spent on social media or other frivolous internet browsing activities with the advent of internet and the prevalence of the internet. Alternatively, it is also called ‘cyberslacking’.
 
The origin of the term is actually in the 1800s when there was a practice of cutting the corners of gold bricks to identify whether it was actually made of gold. However, scammers soon found a way of countering this by making the corners with gold while the rest of it was worthless comparatively.

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Self-Funded (Self-Insured) Plan

What is a Self-Funded (Self-Insured) Plan?   ‘Self-Funded Plan’ or ‘Self-Insured Plan’ refers to a kind of medical insurance plan in which the employer pays

Bradford Factor

What is Bradford Factor ? The ‘Bradford Factor’ is a formula used as a means to measure the absenteeism of an employee in companies. It

Commission

What is Commission?   ‘Commission’ has different meanings based on the context. However, concerning sales and HR, ‘Commission’ is defined as a variable pay given

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