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Must-Know Terms
Definition: Pay benchmarking is the process of comparing a company's compensation for specific ...
Definition: Occupational stress refers to the mental, emotional, and sometimes physical strain ...
Non-Discrimination Testing refers to a set of IRS-mandated evaluations designed to ensure emplo...
A merit increase is a permanent adjustment to an employee's base salary awarded in recognition ...
A form of variable compensation tied to an employee's performance, productivity, or specific bu...
A Combined Wage Claim (CWC) refers to an unemployment insurance claim that allows an individual...
Backup withholding is a federal tax enforcement mechanism in which a portion of certain payment...
The Advance Earned Income Credit (AEIC), also referred to as the advance earned income tax cred...