Deregulation

What is Deregulation ?

  
‘Deregulation’ refers to the idea of removing regulations. Concerning HR, it refers to the idea of cutting back regulations to promote productivity and organizational efficiency.
 
Smaller businesses are huge supporters of this concept as they are the worst hit by the regulations. For a smaller company, it is a hassle to follow all the regulations and hence, they are the ones who demand lesser regulations.
 
Having fewer regulations helps the company take its eyes off complying with these regulations and concentrate more on its own daily business. This will lead to a more efficient workflow wherein every work being done need not be cross-checked with a list of regulations to make sure it adheres to all the rules.

More HR Terms

Workplace Phobia

What is Workplace Phobia?   ‘Workplace Phobia’ is a kind of phobia induced by acute anxiety towards one’s workplace and the experiences related with it.

Halo Effect

What is Halo Effect?   ‘Halo Effect’ refers to the fact that human beings are influenced by an individual’s overall positive vibe when judging them

Exit Interview

What is Exit Interview?   ‘Exit Interview’ refers to the interview conducted by a company when an employee leaves the organization. It helps the company

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