Co-employment
What Is Co-Employment? Co-employment is a formal partnership where a company collaborates with a Professional Employer Organization (PEO) to handle certain human resources functions. In this shared employment model, responsibilities
Payroll Vocabulary Explained
What Is Co-Employment? Co-employment is a formal partnership where a company collaborates with a Professional Employer Organization (PEO) to handle certain human resources functions. In this shared employment model, responsibilities
What Is COBRA? COBRA, which stands for the Consolidated Omnibus Budget Reconciliation Act, is a federal law that allows former employees to continue their employer-sponsored health insurance for a limited
What Is a Control Account? A control account is a summary account in the general ledger that consolidates the balances of several related subsidiary accounts. Instead of listing every individual
What Is a Contractor? A contractor is an individual hired by a company to perform a specific job or deliver a particular service, without being treated as a regular employee.
