‘Hr Glossary’

Payroll and Tax

Glossary of Terms ACCRUALS Typically for vacation pay, the process of tracking an employee’s available time. ACH Automated Clearing House. Any Federal Reserve bank or private institution acting on behalf of a business that serves as a clearinghouse for electronic fund transfers. The ACH process is initiated by CPE, wherein payroll funds are drawn out [...]

Employee Benefits

Coming Soon

Risk Management and Worker’s Compensation

Glossary of Terms ACORD APPLICATION An application for worker’s compensation insurance coverage. Typically used to receive an insurance quote from the Carrier, or a request to bind coverage. It contains pertinent payroll information, as well as important loss history (see Loss Runs) Cal/OSHA California’s Occupational Safety and Health Administration. Cal/OSHA enforces occupational safety and health [...]

Compliance and HR Management

ADA- Americans with Disabilities Act A law that makes it unlawful for an employer with 15 or more employees to discriminate against a qualified individual with a disability. The ADA applies to a person who has a physical or mental impairment that substantially limits one or more major life activities (like walking, standing, or breathing). [...]