Nondiscretionary bonus
A nondiscretionary bonus is a form of extra pay that is based on specific, predefined conditions. Unlike discretionary bonuses, these are promised in advance and linked to clear performance metrics
Payroll Vocabulary Explained
A nondiscretionary bonus is a form of extra pay that is based on specific, predefined conditions. Unlike discretionary bonuses, these are promised in advance and linked to clear performance metrics
A new hire report is a mandatory submission employers make to their state, notifying them when a new employee (or rehire) joins the workforce. This report typically includes details like
Net pay refers to the amount of money an employee receives after all required and optional deductions have been taken out of their gross wages. Often called “take-home pay,” it’s
Negative net pay arises when an employee’s total deductions, such as taxes and other withholdings, exceed their gross earnings for a specific pay period. This means the worker doesn’t earn