Key Difference – Salary vs Hourly Salary and hourly wage are two different systems used by employers for remunerating an employee between which some differences can be identified. While salary is the more commonly use term used for remuneration from a job, hourly wages are also given in many professions. While this may not […]
Difference Between Intrinsic and Extrinsic Motivation
Intrinsic vs Extrinsic Motivation Intrinsic motivation and extrinsic motivation are two different types of motivation and, between the two, a number of differences can be observed. Motivation is a feeling that directs a person towards a task. One works only as long as he has some motivation for doing the job. In simple terms, […]
Difference Between Promotion and Advertising
Promotion vs Advertising Promotion and advertising are marketing tools that are used by an organization and are aimed at increasing the sales of the organization while at the same time getting the product established as a brand in the eyes and minds of the public. The two terms are closely interrelated and at times it […]
Difference Between Staffing Agency and Executive Recruiter Agency
Staffing Agency vs Executive Recruiter Agency Staffing Agency and Executive Recruiter Agency are two types of employment agencies that work along similar lines, but have differences in their functions. These days there is a growing trend of employment agencies that serve as intermediaries between workers and employers. These staffing companies work with a goal to […]
Difference Between Budgeting and Forecasting
Budgeting vs Forecasting Budgeting and forecasting are two essential management tools to anticipate needs and to avoid crises. A budget is a plan made a year in advance that provides guidelines for expenditure and serves as a benchmark for the analysis of the performance of a business. Forecasting on the other hand is extrapolating previous […]
Difference Between Contract of Service and Contract for Service
Contract of Service vs Contract for Service Contract for Service and Contract of Service are common law terms that are used to distinguish between the nature of service provided by a worker to the employer. While the contract of service refers to a person who is in employment, contract for service refers to a person […]
Difference Between Voluntary and Compulsory Redundancy
Voluntary vs Compulsory Redundancy Voluntary redundancy and compulsory redundancy are terms we hear when a company is undergoing a transition and decides to downsize the workforce. In today’s economic scenario where unemployment is on the rise, redundancy is a dread word enough to send shivers down the spine of employees. Redundancy is a normal practice […]
Difference Between Manager and Administrator
Manager vs Administrator Manager and Administrator are terms quite often interchangeably used by people. There are obvious differences between a manager and an administrator, but for a vast majority of people, these two are interchangeable terms. In many companies, especially small ones, the person who is in charge of administration is essentially the same one […]
Difference Between M&E and MIS
M&E vs MIS M&E and MIS are two terms often talked about in the corporate world, and in large organizations. M&E refers to monitoring and Evaluation and MIS refers to Management Information System. In businesses and organizations, collection of data concerning different departments and their analysis is important to assess past performance so as to […]
Difference Between HR and Public Relation (PR)
HR vs Public Relation (PR) HR and Public Relation or PR are terms very frequently encountered in the corporate world. Both are utilized by an organization to maximize returns on investment. HR stands for Human resources and pertains to the workers or employees of an organization, though it has now come to refer to human […]
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