Your A-Z Guide of HR Acronyms & Abbreviations
AIHR
APRIL 8, 2024
BIK: Benefits In Kind Benefits In Kind (BIK) refer to any non-monetary compensation that employers provide to their employees. HR acronym usage example: “A high ELTV has a positive impact on business outcomes as the employees truly bring value to the organization.” billion, with a growth rate exceeding 10% annually.
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