What is on-demand pay?
On-demand pay is a way for people to receive payment for their work as they earn it, rather than waiting for the end of the current payroll cycle.
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What is a salary freeze?
A salary freeze, also known as a pay freeze, is when a business makes the…
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What are supplemental wages?
Supplemental wages are a form of compensation employers offer in addition to base income.
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What is pay parity?
Pay parity is the practice of paying people equitably. This means that those in the…
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What are paid holidays?
Paid holidays are days of festivity or recreation when people can take a paid day…
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What are gross wages?
Gross wages refer to the amount of money earned before taxes are withheld from a…
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What is time in lieu?
Time in lieu, also referred to as time off in lieu or TOIL, is when…
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What is the gender pay gap?
A gender pay gap is a difference in pay between men's and women’s average salaries.
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What is a floating holiday?
A floating holiday is a paid day off that an employee can decide to take…
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What is revenue per employee?
Revenue per employee (RPE) is a financial metric that measures the average profit each employee…
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What is a payroll cycle?
A payroll cycle is an administrative process of paying employees recurring compensation.
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What is salary benchmarking?
Salary benchmarking is the process of evaluating a company’s internal job salaries based on their…
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What is indirect compensation?
Indirect compensation is a type of remuneration that typically encompasses non-monetary forms of payment. Direct…
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What are fringe benefits?
Fringe benefits are supplementary forms of payment that employers provide employees in addition to a…
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Employee benefits
Employee benefits are a form of compensation that employers provide (along with a salary) to…
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What are company perks?
Company perks are perquisites that employers provide employees to assist them in maintaining high productivity…
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