Payroll

Business / Finance / Payroll: The total wages, not including benefits, paid by a business during each forecast year.

Payroll Records

Business / Human Resources (HR) / Payroll Records: Documentation created and maintained by the employer, which contains information regarding hours worked, salaries, wages, commissions, bonuses, vacation/sick pay, contributions to qualified health and MORE

Payroll Deduction

Business / Accounting / Payroll Deduction: An amount subtracted from a paycheck as the government requires or the employee requests. Mandatory deductions include various taxes. Voluntary deductions include loan payments or deposits into saving MORE

Turnover Rate

Business / Human Resources (HR) / Turnover Rate: The number of separations during a month, including both voluntary and involuntary terminations (excluding layoffs). The turnover rate is calculated by taking the number of separations during a month MORE

Operating Expenses

Business / Finance / Operating Expenses: All expenses related to the ongoing operations of a company, including research and development, sales and marketing, and administrative expenses. Any costs directly attributable to producing goods or MORE

Electronic Funds Transfer

Business / Taxes / Electronic Funds Transfer: Electronic funds transfer (EFT) is the means by which financial institutions exchange billions of dollars every day without the physical movement of any paper money. Money moves electronically from on MORE

Social Security

Business / Human Resources (HR) / Social Security: A federal program under the Social Security Act which provides for retirement, disability and other related benefits for workers and their eligible dependents. MORE

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