Business terms explained
0A- Absence management
- Absenteeism
- Absenteeism policy
- Accessibility
- Accruals (leave)
- Action item
- Actual deferred percentage (ADP)
- Adaptive device
- Administrative services only (ASO)
- Advanced earned income credit
- Adverse impact
- Affirmative action
- Affirmative action plan (AAP)
- Affordable care act (ACA)
- After-tax deduction
- Ageism
- Agent for service of process
- Agile organization
- Alternative dispute resolution (ADR)
- Americans with disabilities act (ADA)
- Annualized salary
- Annuity
- Applicant flow log
- Applicant tracking system (ATS)
- At-will employment
- Attachment
- Attrition
- Automated clearing house (ACH)
- Awards and prizes
B- Baby boomers
- Back pay
- Background check
- Balance cap
- Ban-the-box
- Base wage rate
- Basic salary
- Before-tax deduction
- Behavioral competencies
- Behavioral-based interview questions
- Behavioral-based interviews
- Benchmarking in business
- Benefits administration
- Bereavement
- Bereavement leave
- Biweekly pay
- Blended workforce
- Bona fide occupational qualification (BFOQ)
- Bonus
- Boomerang employee
- Bring your own device (BYOD)
- Business agility
- Business continuity
- Business necessity
- Business partnership
C- California labor laws
- Career path
- Career plateau
- Career plateaus
- Carryover cap
- CASDI
- Certificate of creditable coverage (COCC)
- Certificate of good standing
- Certified payroll professional (CPP)
- Circular A
- Circular E
- Common-law test
- Compa-ratio
- Compensation
- Compensatory time off
- Competency based pay
- Conditions of employment
- Constructive discharge
- Contingency recruiting
- Contingent worker
- Contractor
- Copay
- Core competencies
- Corporate social responsibility
- CP 575 letter
- Cross-functional teams
D- Deduction
- Defined benefit plan
- Designated governmental entity (DGE)
- Direct deposit
- Direct report
- Direct reports
- Disability leave
- Disparate effect
- Disparate treatment
- Diversity
E- Earned income credit (EIC)
- Earned income tax credit (EITC)
- Electronic data interchange (EDI)
- Emotional intelligence
- Employee benefits administration
- Employee database
- Employee evaluation
- Employee net promoter score (eNPS)
- Employee relations
- Employee type
- Employer identification number (EIN)
- Employer payroll taxes
- Employment contract
- Employment status
- Exempt employee
F- Federal holidays
- Federal ID number
- Federal income tax (FIT)
- Federal minimum wage
- Federal tax deposit
- FICA
- Flexible spending account (FSA)
- Flexible workplace
- Floating holiday
- FLSA status
- FMLA family and medical leave act of 1993
- Form 1042-S
- Form 1099-SA
- Form 1120-S
- Form 2553
- Form 5498-SA
- Form 8233
- Form 940
- Form 941
- Form 942
- Form I-9
- Forms 1094-C and 1095-C
- Franchise business
- Full-time equivalent (FTE)
- Full-time hours
GH- Health maintenance organization (HMO)
- Health savings account (HSA)
- Holiday pay
- Hourly employee
- Hourly to annual salary
- Hourly to yearly
- Hours worked
- HR software
- HSA reimbursement
- Human resource audit
- Human resources information system (HRIS)
I- Imputed income
- Inclusion
- Independent contractor
- Indirect compensation
- Inflation
- Injunction relief
- Insubordination
- Inventory information approval system
JL- Labor force
- Learning management system (LMS)
- Leave accrual processing
- Levy
- Life insurance
- Limited purpose FSA
M- Medical leave of absence
- Merit systems protection board (MSPB)
- Migrant and seasonal agricultural worker protection act (MSPA)
- Millennials
N- National medical support notice (NMSN)
- Nepotism
- New hire orientation
- Non-qualified plans (W-2)
- Non-resident alien
OP- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement
QRS- Salaried employee
- Salaried non-exempt
- Seasonal employment
- Secondary insurance
- Self-employed health insurance deduction
- Self-employment tax
- Self-funded plan
- Social media background screening
- Social security administration
- Social security tax
- Social security tips (W-2)
- Social security wages (W-2)
- Standard deduction
- Standard hours
- State unemployment tax act (SUTA)
- Straight-time pay
- Substantial limitation
- Succession plan
- Summary plan description
- Supplemental wages
TUVW
- Absence management
- Absenteeism
- Absenteeism policy
- Accessibility
- Accruals (leave)
- Action item
- Actual deferred percentage (ADP)
- Adaptive device
- Administrative services only (ASO)
- Advanced earned income credit
- Adverse impact
- Affirmative action
- Affirmative action plan (AAP)
- Affordable care act (ACA)
- After-tax deduction
- Ageism
- Agent for service of process
- Agile organization
- Alternative dispute resolution (ADR)
- Americans with disabilities act (ADA)
- Annualized salary
- Annuity
- Applicant flow log
- Applicant tracking system (ATS)
- At-will employment
- Attachment
- Attrition
- Automated clearing house (ACH)
- Awards and prizes
B- Baby boomers
- Back pay
- Background check
- Balance cap
- Ban-the-box
- Base wage rate
- Basic salary
- Before-tax deduction
- Behavioral competencies
- Behavioral-based interview questions
- Behavioral-based interviews
- Benchmarking in business
- Benefits administration
- Bereavement
- Bereavement leave
- Biweekly pay
- Blended workforce
- Bona fide occupational qualification (BFOQ)
- Bonus
- Boomerang employee
- Bring your own device (BYOD)
- Business agility
- Business continuity
- Business necessity
- Business partnership
C- California labor laws
- Career path
- Career plateau
- Career plateaus
- Carryover cap
- CASDI
- Certificate of creditable coverage (COCC)
- Certificate of good standing
- Certified payroll professional (CPP)
- Circular A
- Circular E
- Common-law test
- Compa-ratio
- Compensation
- Compensatory time off
- Competency based pay
- Conditions of employment
- Constructive discharge
- Contingency recruiting
- Contingent worker
- Contractor
- Copay
- Core competencies
- Corporate social responsibility
- CP 575 letter
- Cross-functional teams
D- Deduction
- Defined benefit plan
- Designated governmental entity (DGE)
- Direct deposit
- Direct report
- Direct reports
- Disability leave
- Disparate effect
- Disparate treatment
- Diversity
E- Earned income credit (EIC)
- Earned income tax credit (EITC)
- Electronic data interchange (EDI)
- Emotional intelligence
- Employee benefits administration
- Employee database
- Employee evaluation
- Employee net promoter score (eNPS)
- Employee relations
- Employee type
- Employer identification number (EIN)
- Employer payroll taxes
- Employment contract
- Employment status
- Exempt employee
F- Federal holidays
- Federal ID number
- Federal income tax (FIT)
- Federal minimum wage
- Federal tax deposit
- FICA
- Flexible spending account (FSA)
- Flexible workplace
- Floating holiday
- FLSA status
- FMLA family and medical leave act of 1993
- Form 1042-S
- Form 1099-SA
- Form 1120-S
- Form 2553
- Form 5498-SA
- Form 8233
- Form 940
- Form 941
- Form 942
- Form I-9
- Forms 1094-C and 1095-C
- Franchise business
- Full-time equivalent (FTE)
- Full-time hours
GH- Health maintenance organization (HMO)
- Health savings account (HSA)
- Holiday pay
- Hourly employee
- Hourly to annual salary
- Hourly to yearly
- Hours worked
- HR software
- HSA reimbursement
- Human resource audit
- Human resources information system (HRIS)
I- Imputed income
- Inclusion
- Independent contractor
- Indirect compensation
- Inflation
- Injunction relief
- Insubordination
- Inventory information approval system
JL- Labor force
- Learning management system (LMS)
- Leave accrual processing
- Levy
- Life insurance
- Limited purpose FSA
M- Medical leave of absence
- Merit systems protection board (MSPB)
- Migrant and seasonal agricultural worker protection act (MSPA)
- Millennials
N- National medical support notice (NMSN)
- Nepotism
- New hire orientation
- Non-qualified plans (W-2)
- Non-resident alien
OP- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement
QRS- Salaried employee
- Salaried non-exempt
- Seasonal employment
- Secondary insurance
- Self-employed health insurance deduction
- Self-employment tax
- Self-funded plan
- Social media background screening
- Social security administration
- Social security tax
- Social security tips (W-2)
- Social security wages (W-2)
- Standard deduction
- Standard hours
- State unemployment tax act (SUTA)
- Straight-time pay
- Substantial limitation
- Succession plan
- Summary plan description
- Supplemental wages
TUVW
- California labor laws
- Career path
- Career plateau
- Career plateaus
- Carryover cap
- CASDI
- Certificate of creditable coverage (COCC)
- Certificate of good standing
- Certified payroll professional (CPP)
- Circular A
- Circular E
- Common-law test
- Compa-ratio
- Compensation
- Compensatory time off
- Competency based pay
- Conditions of employment
- Constructive discharge
- Contingency recruiting
- Contingent worker
- Contractor
- Copay
- Core competencies
- Corporate social responsibility
- CP 575 letter
- Cross-functional teams
D- Deduction
- Defined benefit plan
- Designated governmental entity (DGE)
- Direct deposit
- Direct report
- Direct reports
- Disability leave
- Disparate effect
- Disparate treatment
- Diversity
E- Earned income credit (EIC)
- Earned income tax credit (EITC)
- Electronic data interchange (EDI)
- Emotional intelligence
- Employee benefits administration
- Employee database
- Employee evaluation
- Employee net promoter score (eNPS)
- Employee relations
- Employee type
- Employer identification number (EIN)
- Employer payroll taxes
- Employment contract
- Employment status
- Exempt employee
F- Federal holidays
- Federal ID number
- Federal income tax (FIT)
- Federal minimum wage
- Federal tax deposit
- FICA
- Flexible spending account (FSA)
- Flexible workplace
- Floating holiday
- FLSA status
- FMLA family and medical leave act of 1993
- Form 1042-S
- Form 1099-SA
- Form 1120-S
- Form 2553
- Form 5498-SA
- Form 8233
- Form 940
- Form 941
- Form 942
- Form I-9
- Forms 1094-C and 1095-C
- Franchise business
- Full-time equivalent (FTE)
- Full-time hours
GH- Health maintenance organization (HMO)
- Health savings account (HSA)
- Holiday pay
- Hourly employee
- Hourly to annual salary
- Hourly to yearly
- Hours worked
- HR software
- HSA reimbursement
- Human resource audit
- Human resources information system (HRIS)
I- Imputed income
- Inclusion
- Independent contractor
- Indirect compensation
- Inflation
- Injunction relief
- Insubordination
- Inventory information approval system
JL- Labor force
- Learning management system (LMS)
- Leave accrual processing
- Levy
- Life insurance
- Limited purpose FSA
M- Medical leave of absence
- Merit systems protection board (MSPB)
- Migrant and seasonal agricultural worker protection act (MSPA)
- Millennials
N- National medical support notice (NMSN)
- Nepotism
- New hire orientation
- Non-qualified plans (W-2)
- Non-resident alien
OP- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement
QRS- Salaried employee
- Salaried non-exempt
- Seasonal employment
- Secondary insurance
- Self-employed health insurance deduction
- Self-employment tax
- Self-funded plan
- Social media background screening
- Social security administration
- Social security tax
- Social security tips (W-2)
- Social security wages (W-2)
- Standard deduction
- Standard hours
- State unemployment tax act (SUTA)
- Straight-time pay
- Substantial limitation
- Succession plan
- Summary plan description
- Supplemental wages
TUVW
- Earned income credit (EIC)
- Earned income tax credit (EITC)
- Electronic data interchange (EDI)
- Emotional intelligence
- Employee benefits administration
- Employee database
- Employee evaluation
- Employee net promoter score (eNPS)
- Employee relations
- Employee type
- Employer identification number (EIN)
- Employer payroll taxes
- Employment contract
- Employment status
- Exempt employee
F- Federal holidays
- Federal ID number
- Federal income tax (FIT)
- Federal minimum wage
- Federal tax deposit
- FICA
- Flexible spending account (FSA)
- Flexible workplace
- Floating holiday
- FLSA status
- FMLA family and medical leave act of 1993
- Form 1042-S
- Form 1099-SA
- Form 1120-S
- Form 2553
- Form 5498-SA
- Form 8233
- Form 940
- Form 941
- Form 942
- Form I-9
- Forms 1094-C and 1095-C
- Franchise business
- Full-time equivalent (FTE)
- Full-time hours
GH- Health maintenance organization (HMO)
- Health savings account (HSA)
- Holiday pay
- Hourly employee
- Hourly to annual salary
- Hourly to yearly
- Hours worked
- HR software
- HSA reimbursement
- Human resource audit
- Human resources information system (HRIS)
I- Imputed income
- Inclusion
- Independent contractor
- Indirect compensation
- Inflation
- Injunction relief
- Insubordination
- Inventory information approval system
JL- Labor force
- Learning management system (LMS)
- Leave accrual processing
- Levy
- Life insurance
- Limited purpose FSA
M- Medical leave of absence
- Merit systems protection board (MSPB)
- Migrant and seasonal agricultural worker protection act (MSPA)
- Millennials
N- National medical support notice (NMSN)
- Nepotism
- New hire orientation
- Non-qualified plans (W-2)
- Non-resident alien
OP- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement
QRS- Salaried employee
- Salaried non-exempt
- Seasonal employment
- Secondary insurance
- Self-employed health insurance deduction
- Self-employment tax
- Self-funded plan
- Social media background screening
- Social security administration
- Social security tax
- Social security tips (W-2)
- Social security wages (W-2)
- Standard deduction
- Standard hours
- State unemployment tax act (SUTA)
- Straight-time pay
- Substantial limitation
- Succession plan
- Summary plan description
- Supplemental wages
TUVW
H- Health maintenance organization (HMO)
- Health savings account (HSA)
- Holiday pay
- Hourly employee
- Hourly to annual salary
- Hourly to yearly
- Hours worked
- HR software
- HSA reimbursement
- Human resource audit
- Human resources information system (HRIS)
I- Imputed income
- Inclusion
- Independent contractor
- Indirect compensation
- Inflation
- Injunction relief
- Insubordination
- Inventory information approval system
JL- Labor force
- Learning management system (LMS)
- Leave accrual processing
- Levy
- Life insurance
- Limited purpose FSA
M- Medical leave of absence
- Merit systems protection board (MSPB)
- Migrant and seasonal agricultural worker protection act (MSPA)
- Millennials
N- National medical support notice (NMSN)
- Nepotism
- New hire orientation
- Non-qualified plans (W-2)
- Non-resident alien
OP- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement
QRS- Salaried employee
- Salaried non-exempt
- Seasonal employment
- Secondary insurance
- Self-employed health insurance deduction
- Self-employment tax
- Self-funded plan
- Social media background screening
- Social security administration
- Social security tax
- Social security tips (W-2)
- Social security wages (W-2)
- Standard deduction
- Standard hours
- State unemployment tax act (SUTA)
- Straight-time pay
- Substantial limitation
- Succession plan
- Summary plan description
- Supplemental wages
TUVW
- Imputed income
- Inclusion
- Independent contractor
- Indirect compensation
- Inflation
- Injunction relief
- Insubordination
- Inventory information approval system
JL- Labor force
- Learning management system (LMS)
- Leave accrual processing
- Levy
- Life insurance
- Limited purpose FSA
M- Medical leave of absence
- Merit systems protection board (MSPB)
- Migrant and seasonal agricultural worker protection act (MSPA)
- Millennials
N- National medical support notice (NMSN)
- Nepotism
- New hire orientation
- Non-qualified plans (W-2)
- Non-resident alien
OP- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement
QRS- Salaried employee
- Salaried non-exempt
- Seasonal employment
- Secondary insurance
- Self-employed health insurance deduction
- Self-employment tax
- Self-funded plan
- Social media background screening
- Social security administration
- Social security tax
- Social security tips (W-2)
- Social security wages (W-2)
- Standard deduction
- Standard hours
- State unemployment tax act (SUTA)
- Straight-time pay
- Substantial limitation
- Succession plan
- Summary plan description
- Supplemental wages
TUVW
- Labor force
- Learning management system (LMS)
- Leave accrual processing
- Levy
- Life insurance
- Limited purpose FSA
M- Medical leave of absence
- Merit systems protection board (MSPB)
- Migrant and seasonal agricultural worker protection act (MSPA)
- Millennials
N- National medical support notice (NMSN)
- Nepotism
- New hire orientation
- Non-qualified plans (W-2)
- Non-resident alien
OP- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement
QRS- Salaried employee
- Salaried non-exempt
- Seasonal employment
- Secondary insurance
- Self-employed health insurance deduction
- Self-employment tax
- Self-funded plan
- Social media background screening
- Social security administration
- Social security tax
- Social security tips (W-2)
- Social security wages (W-2)
- Standard deduction
- Standard hours
- State unemployment tax act (SUTA)
- Straight-time pay
- Substantial limitation
- Succession plan
- Summary plan description
- Supplemental wages
TUVW
- National medical support notice (NMSN)
- Nepotism
- New hire orientation
- Non-qualified plans (W-2)
- Non-resident alien
OP- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement
QRS- Salaried employee
- Salaried non-exempt
- Seasonal employment
- Secondary insurance
- Self-employed health insurance deduction
- Self-employment tax
- Self-funded plan
- Social media background screening
- Social security administration
- Social security tax
- Social security tips (W-2)
- Social security wages (W-2)
- Standard deduction
- Standard hours
- State unemployment tax act (SUTA)
- Straight-time pay
- Substantial limitation
- Succession plan
- Summary plan description
- Supplemental wages
TUVW
- P and L statement
- Paid holidays
- Paid time off (PTO)
- Parental leave
- Partial pay
- Pay group
- Pay period
- Payroll deduction
- Payroll journal report
- Payroll software
- Payroll taxes
- Performance management
- Preferred provider organization
- Profit and loss statement