Retro Pay
What is Retro Pay? Retro pay, short for retroactive pay, refers to compensation or wages that are paid…
Glossary
Expand your HR knowledge with the FirstHR Glossary, offering concise definitions and explanations of key industry terms, ensuring you stay informed and equipped with the latest terminology.
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Professional Employer Organization (PEO)
What is a Professional Employer Organization (PEO)? A Professional Employer Organization (PEO) is a third-party outsourcing firm that…
At-Will Employment
What is At-Will Employment? At-will employment is a legal doctrine in employment relationships in the United States that…
Prior Period Adjustment
What is Prior Period Adjustment? A Prior Period Adjustment refers to a correction made to a company’s financial…
What is Flexible Spending Account (FSA)?
Introduction Flexible Spending Account(FSA) is a versatile financial tool that empowers employees to navigate and offset various healthcare…
Applicant Flow Log
What is an Applicant Flow Log? An Applicant Flow Log is a record or document that organizations use…
Annual Income
What is Annual Income? Annual income refers to the total amount of money earned by an individual, household,…
Recruiting
What is Recruiting? Recruiting, often hailed as the backbone of organizational growth, is a multifaceted process that transcends…
Americans with Disabilities Act (ADA)
What is the Americans with Disabilities Act (ADA)? The Americans with Disabilities Act (ADA) is a comprehensive federal…
Chief People Officer
What is a Chief People Officer? A Chief People Officer (CPO), also commonly known as Chief Human Resources…