Employee development is a shared responsibility of management and the individual employee. The responsibility of management is to provide the right resources and an environment that supports the growth and development needs of the individual employee.
A lakh (/ËlÃ¦k/ or /ËlÉËk/; abbreviated L; sometimes written Lac or Lacs) is a unit in the Indian numbering system equal to one hundred thousand (100,000; scientific notation: 105). In the Indian convention of digit grouping, it is written as 1,00,000.
Credit: uniquely india Getty Images. There are two unique numbers in the south Asian numbering system, which is used in the Hindi, Urdu, Nepali and Bengali languages. In addition to the crore, the lakh is equivalent to 100,000, making one crore equal to 100 lakh. The numbering system for writing crore figures is slightly different from Western conventions.