Payroll Vocabulary Explained

We break down payroll’s complex terms from A to Z for easy understanding.

Talent shortage

A talent shortage arises when businesses struggle to find enough qualified professionals to fill specific roles due to a lack of individuals with the right expertise or training. This usually

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Take-home pay

Take-home pay, often called net salary or net pay, is the actual amount an employee receives after all required deductions are taken out of their gross earnings. These deductions can

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Supplemental wages

Supplemental wages refer to any earnings an employee receives in addition to their standard salary or hourly pay. Since this type of compensation is not part of regular wages, it

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