What is Human Capital Management (HCM)? Definition below: Human Capital Management is an essential component of maintaining successful businesses. Through the practices set in place…
What is a Health Reimbursement Account (HRA)? Definition below: This tax-free benefit allows employees to pay for expenses not covered in a health insurance plan,…
What are Gross Wages? Definition below: The gross wages an employee is owed are generally significantly higher than the take-home (also known as net) pay.…
What are Fringe Benefits? Definition below: Fringe benefits include many common supplements such as health benefits, retirement plans, paid vacation time, a company car, etc.…
What is a Flexible Spending Account (FSA)? Definition below: Money in a Flexible Spending Account (FSA) is not taxed and can be used for out-of-pocket…
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