8 Terms
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Payroll
Of or relating to the financial record of employees' salaries, wages, bonuses, net pay, and deductions.
Industry: Accounting
Add a new termContributors in Payroll
Payroll
Normal credit
Accounting; Payroll
Amount of an employer’s required contributions paid timely into a state unemployment insurance fund, to a maximum of 90% of the employer’s basic federal unemployment tax rate, taken as a credit ...
Dismissal pay
Accounting; Payroll
Amounts paid to employees who are terminated from employment, also known as payments in lieu of notice, termination pay or severance pay.
Dependent care assistance programme
Accounting; Payroll
An employer plan providing dependent care services or reimbursement for such services.
Educational assistance programme
Accounting; Payroll
An employer plan providing for payment or reimbursement of an employee’s educational expenses.
Group legal services plan
Accounting; Payroll
An employer plan providing for the advance provision or prepayments of personal legal services for employees and their dependents.
Nonqualified plan
Accounting; Payroll
An employer plan that does not meet IRS qualification requirements.
Employee stock purchase plan (ESPP)
Accounting; Payroll
An employer plan under which all employees are given the opportunity to buy the employer’s stock at a discount, subject to strict limitation.
