Business expenses
What Are Business Expenses? Business expenses refer to the various costs companies take on to keep their operations running. These can include rent, employee wages, office supplies, inventory, insurance, business travel, meals, and more. Understanding these expenses is essential for maintaining healthy cash flow and minimizing tax liability. A Closer Look at Business Expenses According […]
Boomerang employee
What Is a Boomerang Employee? A boomerang employee is someone who leaves an organization and later comes back to work for that same employer. Often referred to simply as “boomerangs,” these individuals tend to return with enhanced skills, fresh perspectives, and a deeper understanding of industry trends, making them a valuable asset from day one. […]
Bonus pay
What Is Bonus Pay? Bonus pay refers to extra compensation that an employee receives in addition to their regular wages. These payments are often based on performance or achievement and can come in the form of cash, gifts, or other incentives. Because bonuses are classified as supplemental income, they are typically subject to a flat […]
Blended workforce
What Is a Blended Workforce? A blended workforce refers to a staffing strategy that integrates a mix of full-time employees, part-time workers, and contingent labor, such as freelancers, independent contractors, and gig professionals. The main goal of this model is to boost operational efficiency by aligning diverse skills and worker availability with business needs. Why […]