Employee Development

Fast Tracking
The process of selecting certain employees for rapid advancement within an organization, often based on their exceptional qualities and potential.
Job Rotation
Job rotation involves moving an employee periodically from one job to another. The primary purposes are to offer comprehensive organizational experience as a training process and to mitigate boredom resulting from repetitive job tasks.
Mentor
An experienced manager or employee who guides and advises new employees and managers about the dynamics of an organization and its procedures.
Promotion
Promotion refers to the process of advancing an employee to a higher job position with greater pay and responsibilities or the set of marketing activities aimed at increasing brand visibility, sales, and customer engagement.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.