Best Practice

What is Best Practice?

 

‘Best Practice’ is a way of doing things in such a manner that the required output is generated in the most efficient way possible. For any practice to be deemed as ‘best practice’, it should provide better results compared to the alternatives while also being ethically sound and in compliance with all relevant regulations.

 

Usually, the best practices are defined by a regulatory body to standardize the process under consideration. However, they may also be developed by a company internally to develop the most efficient way to complete a task.

 

HR Best practices are a vital part of any HR task since it deals with the most important asset of the organization – The employees. Hence, every decision the HR takes has to be considered whether it can be improved upon and discussed with the team before a final decision is taken.

More HR Terms

Early Return to Work Program

What is Early Return to work program?   ‘Early return to work program’ or ERTW programs are the initiatives a company takes to ease the

Safe Harbor Regulations

What are Safe Harbor Regulations?   ‘Safe Harbor Regulations’ are the kind of regulations that would entail that a company has not violated a rule

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