The Employee's Payroll Terms to Know
19 Common Payroll Terms To Know - PrimePay
1. Accrue · 2. ACH (Automated Clearing House) · 3. Base pay rate · 4. Deductions · 5. EFTPS · 6. Employee's Withholding Allowance Certificate (W-4) ...
Payroll Terms and Acronyms Glossary - Paycor
The term “pay period” refers to the frequency with which an employer chooses to pay employees and contractors. Common pay periods include weekly ...
The Employee's Payroll Terms to Know - Paycom
We've created a payroll glossary to help you kick-start this effort! From common terms and lingo to federal laws impacting payroll, give employees this ...
Glossary of Payroll Terms - SMU
403(b) Plan · 457 Plan · Employer Identification Number (EIN) · Exempt Employee · Federal Insurance Contributions Act (FICA) · Federal Income Tax (FIT) · Fair Labor ...
27 Payroll Terms You Should Know - Tally Solutions
Processing payroll involves the employees' names, wages, hours worked, deductions, benefits, and taxes.
Payroll Terms and Definitions: A Comprehensive Glossary - TriNet
The length of time for which employees are paid, based on their pay frequency. For example, a weekly pay period may start on Sunday and end on ...
HR & Payroll Glossary | HR Terms to Know - Paycom
Deferred compensation plan: A deferred compensation plan is an employee benefit plan, authorized by the IRS, which allows employees to invest a percentage of ...
Payroll Terms: Glossary for Common Terminology Plus Acronyms
S · Salary · Salaried employee · Seasonal employment · Semi-Monthly Pay Period · Severance pay · Skills gap · Social Security · Social Security Administration (SSA) ...
A Guide to Payroll Terminology:6 Terms Every Employer Should Know
Payroll is a catch-all term for several things. It is the monthly salary paid to employees as well as the additional deductions which the employer must make.
Glossary of Payroll Terms - BambooHR's Help Article
Earned Income Credit. A tax credit that is available to low-income employees; it may be taken when the employee files their individual tax return.
Updated regularly with industry-specific vocabulary and concepts, the Glossary provides easy-to-understand definitions of tax-related terms.
PAYROLL GLOSSARY - Business and Financial Services
leave, without pay or temporary layoff for 4 complete, consecutive calendar months. ➢ Bundle. A series of screen bundle [BUND] from the Employee Database (EDB) ...
99 Payroll Terms you should know - Eddy
Basic Payroll Concepts · Key Payroll Forms · Payroll Taxes and Compliance · Employee Classification and Compensation · Deductions and Benefits.
Basics of Payroll & Payroll Terminology - Employer Pass
Here are some of the basic payroll terms and definitions that every payroll professional, HR professional, or business owner should know.
A Glossary of Payroll Terms - ConnectPay
After-tax deductions. These deductions are subtracted from employees' wages after pretax deductions and payroll taxes have been taken out.
Withholding allowances free approximately the same amount of wages from income tax withholding and therefore approximate the employee's tax liability at the end ...
Payroll Terms & Acronyms | It's Your Yale
Payroll Terms & Acronyms ; Non–Exempt Employee. Classification of an employee whose job title and description are covered by the provisions of the Fair Labor ...
50 Payroll Terms Every Small Business Owner Should Know
The State Unemployment Tax Act (SUTA) tax is a payroll tax that states require employers to pay in order to provide unemployment benefits. Each ...
HR & Payroll Glossary - Lano.io
In other words, it's the sum of a business's payroll liabilities for the ongoing pay period. Payroll accruals include salaries and wages, commissions, bonuses, ...
Payroll Terms To Learn Before Doing Payroll - The Balance
Familiarize yourself with some key terms before you implement a payroll system, including gross pay, net pay, withholding, deductions, ...