Axis Bank HR Manager Interview Questions and Answers

Human Resource is the department responsible for managing the workforce of an organization.

• HR manages recruitment, training, compensation, and benefits of employees.

• They ensure compliance with labor laws and regulations.

• HR also handles employee relations, performance management, and career development.

• Examples of HR roles include HR Manager, Recruiter, Training Specialist, and Compensation Analyst.

Payroll is the process of calculating and distributing employee salaries and wages.

• Payroll involves calculating employee salaries and wages based on hours worked and other factors

• It also includes deducting taxes, benefits, and other withholdings from employee paychecks

• Payroll is typically processed on a regular schedule, such as weekly or bi-weekly

• Payroll can be done manually or through automated software systems

• Errors...read more

Factories Act is a legislation that governs the working conditions of workers in factories.

• The act was first introduced in 1881 and has been amended several times since then.

• It covers various aspects such as health, safety, welfare, working hours, and employment of young persons.

• The act applies to all factories where 10 or more workers are employed with the aid of power, or 20 or more workers are employed without the a...read more

Marketing can be broadly classified into four types: product, price, promotion, and place.

• Product marketing focuses on promoting and selling a specific product or service.

• Price marketing involves setting the right price for the product or service.

• Promotion marketing involves advertising and promoting the product or service to the target audience.

• Place marketing involves making the product or service available to the ta...read more