Salary
A salary refers to a consistent, predetermined amount of compensation paid to an employee in exchange for the work they perform for their employer. Understanding Salary in the Workplace The
Payroll Vocabulary Explained
A salary refers to a consistent, predetermined amount of compensation paid to an employee in exchange for the work they perform for their employer. Understanding Salary in the Workplace The
Retroactive pay refers to money added to an employee’s paycheck to correct a previous payroll error. If an employee is underpaid, whether due to miscalculated wages, missed raises, or delays
Remuneration refers to the total compensation an employee receives from their employer. This includes not just their base salary or hourly wage, but also any bonuses, commissions, overtime earnings, and
A qualifying life event (QLE) refers to a significant personal or family change that impacts a person’s health insurance needs or eligibility. Recognized by the IRS, these events trigger a