What is the Federal Unemployment Tax Act (FUTA)? Definition below: The Federal Unemployment Tax Act (FUTA) is required of most companies and is owed to…
What is a Federal Tax Deposit? Definition below: By withholding a federal tax deposit, employers can pay their federal tax obligation to the Internal Revenue…
What is an Employment Contract? Definition below: The employee contract contains information such as job title, date of hire, compensation, benefits, confidentiality terms, company polices,…
What is an Employee Identification Number (EIN)? Definition below: An Employee Identification Number (EIN), sometimes referred to as a Tax ID Number, is unique to…
What is Employee Turnover? Definition below: While employee turnover refers to the amount of employees a company loses, it can be voluntary or involuntary. When…
What is Employee Satisfaction? Definition below: By monitoring employee satisfaction levels, an organization can measure its overall health. If employees are happy and content at…
What is Employee Relations? Definition below: It is the goal of an organization to have positive employee relations, in order to retain dedicated and hard-working…
What is Employee Orientation? Definition below: The employee orientation process allows new hires to learn the policies and procedures of the organization. Typically organized by…
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