HR Glossary

Basic Salary

What is a Basic Salary?  Definition below: A basic salary can potentially have a range. For example, an employee's contract may indicate that the pay…
Katie Milner
October 21, 2019
HR Glossary

After-Tax Deduction

What is an After-Tax Deduction?  Definition below: After tax deductions can include pension plans, 401(k) plans, union fees, life insurance policies or charitable donations. Furthermore,…
Katie Milner
October 20, 2019
HR Glossary

Performance Review

What is a Performance Review?  Definition below: Performance Reviews are often referred to as: Performance appraisals Performance evaluations Development discussions View More HR Terms
Katie Milner
October 20, 2019
HR Glossary

Pre-Tax Deduction

What is a Pre-Tax Deduction?  Definition below: Common Deductions Include: Healthcare insurance Disability payments (short & long term) Life insurance Retirement funds Vision benefits Health…
Katie Milner
October 20, 2019
HR Glossary

Retention Strategy

What is a Retention Strategy?  Definition below: It is extremely time consuming to find and hire the right employees.  With rising employee turnover rates, companies…
Katie Milner
October 20, 2019
HR Glossary

Affordable Care Act (ACA)

What is the Affordable Care Act (ACA)?  Definition below: These regulations included mandated health insurance to all Americans. New standards also determined qualified health plans…
Katie Milner
October 20, 2019