HR Glossary

When it comes to managing a business, it's crucial to maintain accurate records and comply with various tax regulations. Among lesser-known but vital documents for maintaining such compliance is the IRS Form 147c. While it might not be a form discussed every day, understanding Form 147c is essential for employers and has implications for employees 147c Read More

Performance reviews are a cornerstone in any organization, laying the groundwork for professional development, strategic planning, and organizational alignment. Among the various methods of employee assessment, 360 performance reviews stand out as an inclusive and comprehensive approach that has gained significant traction in modern workplaces. Let's dive into the intricacies of 360-degree performance reviews and 360 Performance Reviews Read More

Despite its widespread adoption, confusion often surrounds the implementation and implications of 360-degree feedback in the workplace. For hiring managers, executives, and business owners, mastering this tool is essential for fostering a culture of continuous learning and development. 360-degree feedback has moved from a cutting-edge concept to a standard practice within many organizations. In today’s 360 Survey Read More

Imagine if, as a leader or manager, you could capture a full-circle view of your performance, unearth blind spots in your management style, and receive constructive feedback from all levels of your organization. This level of insight is not a pipe dream. It's achievable through a well-implemented 360 survey. Organizations seeking to foster a culture 360-Degree Feedback Read More

The Growing Trend of the 4-Day Work Week: A Comprehensive Guide The standard five-day workweek has long been a norm across industries worldwide, but as businesses search for increased productivity and a better work-life balance, a new pattern is emerging: the 4-day workweek. It's a concept that's piqued the interest of employers and employees alike, 4-Day Work Week Read More

Understanding the 401(a) Plan: Key Insights for Employers and Employees Employers and employees alike strive for financial security, particularly when it comes to retirement. Pensions are no longer the norm, and the responsibility for retirement savings increasingly falls on the individual. Enter the 401(a) plan, an often overlooked piece in the retirement puzzle that could 401(a) Read More

Demystifying the 401(k): A Fundamental Guide for Employers and Employees Navigating the complex world of employee benefits can be a daunting task for businesses of all sizes. Among these, the 401(k) plan stands out as a coveted asset for both employers and employees, promising a road to financial security. But what exactly is a 401(k), 401(k) Read More

Understanding the 403(b) Retirement Plan: A Guide for Employers and Employees When it comes to retirement planning, the 403(b) is an unsung hero amidst the more commonly discussed 401(k) plans. This distinctive plan is a formidable tool for employees of certain tax-exempt organizations, offering unique benefits that can help secure their future. But what exactly 403(b) Read More

Understanding the 457(b) Retirement Plan: A Guide for Employers and Employees Navigating retirement plans can be a complex process, but understanding the options available for saving and investing for the future is crucial for both employers and employees. Among the various retirement plans, the 457(b) plan stands out as a valuable tool, especially for those 457(b) Retirement Plan Read More

Understanding the 9/80 Work Schedule: A Comprehensive Guide for Employers and Employees Picture a work schedule that allows employees to enjoy a three-day weekend every other week, without sacrificing the full-time status and, for employers, without losing productivity. This is not a new-wave fantasy but a concrete reality that some companies are successfully implementing: the 9/80 Work Schedule Read More

Decision-making within organizations is like navigating a complex network of highways, where the chosen path could either lead to success or misery. Understanding this complex decision-making process is crucial, particularly when the outcome seems to defy logic. This brings us to an intriguing phenomenon known as the Abilene Paradox. What exactly is it, and why Abilene Paradox Read More

Employee absences can range from the common sick day to an inexplicable and prolonged disappearance from work – an issue known in HR circles as "absconding." Understanding what absconding means, its implications for your business, and how to handle it can save your company significant time and resources. What Is Absconding? Absconding refers to an Absconding Read More

Absence management is a crucial aspect of human resources that cannot be overlooked. An effective strategy doesn't only track employee absences but ensures the continuity of your business operations and, more importantly, looks after the well-being of your workforce. Understanding absence management is key for hiring managers, executives, and business owners to optimize productivity and Absence Management Read More

Managing a workforce effectively requires a clear understanding of policies that govern employee behavior and attendance. Among these, an Absenteeism Policy is a crucial component for ensuring productivity and fairness in the workplace. Its importance cannot be overstated, as chaotic attendance patterns can wreak havoc on any business's operations and morale. Let's delve into what Absenteeism Policy Read More

In the dynamic world of human resources, adopting precise and transparent appraisal systems is crucial to foster growth and maintain fairness. Absolute ratings emerge as a beacon of clarity in performance management, offering a noteworthy departure from the more relative grading systems. By throwing the spotlight solely on an individual's performance against set standards, absolute Absolute Ratings Read More

When it comes to managing a workforce, staying compliant with federal regulations is a non-negotiable aspect of the job. One of the pivotal elements influencing both employee welfare and company policy is the Affordable Care Act (ACA). Since its inception, it has reshaped the healthcare landscape, prompting a multitude of questions from employers and employees ACA (Affordable Care Act) Read More

When we talk about creating an inclusive work environment, 'accessibility' stands out as one of the foundational pillars. It's a term that resounds with the commitment of an organization towards diversity and equal opportunity for all. Now, more than ever, with an increasing emphasis on corporate responsibility and social inclusivity, accessibility is not just a Accessibility Read More

When it comes to managing employees efficiently, understanding the ins and outs of leave accrual is paramount. Accruals are more than just numbers on a balance sheet; they are a reflection of an organization's respect for its workforce and a key component of employee benefits. Whether you are a hiring manager, an executive, or a Accruals (Leave) Read More

Business thrives on clarity and execution. It's not enough to have strategies and goals; what drives a company forward is the ability to break these down into tangible tasks. This is where the notion of 'Action Items' takes center stage, dictating the rhythm of progress for hiring managers, executives, and business owners alike. Let's unravel Action Item Read More

Navigating the benefits and compensation landscape can be complex, but mastery of these elements is crucial for attracting and maintaining a competitive workforce. Within this domain lies the concept of Actual Deferred Percentage (ADP), a term often encountered by HR professionals, yet one that is not always fully understood by those outside the field. This Actual Deferred Percentage (ADP) Read More

Gone are the days when a one-size-fits-all approach to workplace design and ergonomics satisfied the diverse needs of employees. Today, businesses must recognize the immense value in ensuring their environments are accessible and inclusive for all workers. A key component in achieving this inclusivity is through the integration of adaptive devices. But what exactly are Adaptive Device Read More

When it comes to managing employee benefits, companies are continuously looking for strategic methods that balance cost control with high-quality services for their workforce. Among the many options available for businesses is employing an "Administrative Services Only" (ASO) agreement. Understanding what an ASO is and how it functions can unlock new potential for how companies Administrative Services Only (ASO) Read More

When it comes to payroll and tax considerations, both employers and employees must be well-informed to ensure compliance and benefit from available tax credits. One such measure that can have significant implications is the Advanced Earned Income Credit (AEIC). But what exactly is this provision, and how does it affect the parties involved in the Advanced Earned Income Credit Read More

When it comes to hiring and retaining employees, understanding the nuances of HR terminology is not just about compliance—it's about fostering a fair and equitable workplace. Adverse Impact is a concept that, while seemingly straightforward, has profound implications for how organizations approach their HR practices. This term relates to employment practices that may appear neutral Adverse Impact Read More