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Must-Know Terms
Bereavement leave refers to a type of paid or unpaid leave granted to employees following the d...
Bi-weekly pay refers to a payroll schedule in which employees receive their wages every two wee...
Accrued payroll refers to the total employee compensation and payroll-related costs that a comp...
Accrued leave isn’t limited to just vacation days. Depending on the organization and regional l...
Absence management is a crucial part of maintaining operational continuity, supporting employee...
A payroll ledger is an essential financial record-keeping tool used by organizations to track t...
Offcycle Payroll refers to payroll processes that occur outside of the regular payroll cycle. T...
Third-party payroll involves outsourcing payroll management to an external provider, which take...