Differences Between Superannuation And Retirement - Important - CiteHR
Dipil
Safety Consultant
Raghuvaran Chakkaravarthy
Environmental, Health And Safety
Ganesh Chavan
Hr Manager
Hrcanwin
Vice President
+4 Others

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Greeting to all of you,

See the differance between following topics.

Hope this will like you.


Differences between Superannuation and Retirement



By Superannuation is meant the act of getting relived from service on attaining a specified age which is prefixed, say, 58 years of age. On the other hand, Retirement is also an act of relieving from service but not necessarily be due to attaining a prefixed age and shall include Voluntary Retirement or even Compulsory Retirement. Though superannuation is also retirement, the latter need not be superannuation.



Difference between mediation and Conciliation.






The main difference btw both is that in Mediation the mediator's job is just to facilitate the parties and not to take an active part in the dispute resolution, he can't even suggest the common ground out of his own to the parties but his job is to provide healthy and friendly environment to the parties to reach a common ground.

However in Conciliation, the conciliator most of the times used to be an expert and he takes an active participation in the matter and can give opinion and suggestions to the respective parties helping them to reach a common ground.Though both lacks binding authority in them.





Difference between Salary & Wages?



Salary is related is those who do the mental work and wages related to those who do the physical work and moreover salary related to higher class post and wages related to lower class people within the organisation.

Salary is the monitory benefit for the managerial grade and issued on a monthly basis (mostly) This does not indicate the number of hours worked in specific. Those employees who are in the payroll of the company are entitled forsalary.



Wages are monitory and applicable for the labour workforce. This purely is based on the number of days worked, hours of work, quantity of workload, etc.... these employees may not be in the payroll.....may be part time employees, contracts etc.....





Differences btw Grievance, Disputes and Conflicts



Grievances means the complaints, problem expressed by concern person or group of people....which could have immed resolutions....many times.

If Grievances are not solved for longer time then it may results in Disputes as both parties will have their own say & difference of opinion....

Conflicts can be a larger picture of all this background








Difference between Casual Leave and Privilege Leave

There are various types of leaves. First is Earned Leave OR Privilege Leave. The object of earned leave/privilege leave is that an employee should have rest or recuperation from time to time for short spells.

There is another type of leave which is called Casual Leave. The object of this leave is to enable an employee to attend some urgent or unforseen contingencies

Difference between Dismiss, Discharge and Termination of employees.

Discharge: job separation from services by employer for physical, mental or continues ill health of employee.

Dismiss: Job separation from services by employer for misconduct of employee.

Termination: Job separation from services by employer or employee under some terms & condition.

Difference between Working days & Present days

Working days means all working days excluding all weekly and public holidays.

Present days means the no. of day’s employee has attended the office out of no. of working days.

E.g in a company which is 5 days a week 22 is working days. If employees suppose X takes a leave of 1 day then present days of X will be 21 days.

Hello Ganesh, Thanks........ specially for providing clear idea regarding difference between 'Superannuation' and 'Retirement'. Keep it up........ R.K. Rada
Dear all The post is good one, no doubt. Try to post it under right section so that the interested viewers and benedict takers will be more. Regards, Dipil Kumar V
Thanks , It’s realy great Plzs tell us difference B/w Personnel Deptt and HR Deptt. Recuritment and selection medical leave and sick leave contract worker and causal workers
Hi vichitra, the main difference btw personnel dept and hr depart i.e. Prsnl dept responcibil for all management issue, like official building related legal issues and decision for them and hr dept basically related with employees query and their welfare. Contract labour are those engagd in org. Undr the contract wid contractr and casual workers are those engagd wid org 4 short term period widout any contract. Thanks & Regards Sunil Sharma
Thanx These are the little things which we never pay heed to and are not able to differentiate in the right manner when required
Dear sir, You are in wrong area. . . This forum only for EHS guys. . . Pls take a look before u posting plssssssssssssssss........ Thanks & Besafe Raghu
Mr Ganesh, Goo to have such discussion But pl note the following
Only when a feeling of dissatisfaction expressed in terms of writing constitute a grievance . This point is missed out in your explanation
Salary Vs Wages Salary is for Employees and wages is for Workers. Many legal pronouncements are available in support of this simple explanation of difference between salary and wages.
Your explanation of mental an physical work may not be always relevant . A salaries person is expected to do both physical and mental work and vice versa.
Thanks|Dr Sureshkumar

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