Global Payroll Glossary

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  • Z

Aa

  • After-tax deductions
  • Audit Trail
  • API (Application Programming Interface)
  • Allowances
  • Affordable Care Act (ACA)
  • Attendance Tracking
  • Average Weekly Wage (AWW)
  • Automated Clearing House (ACH)
  • Annualized Salary
  • Accruals
  • Absence Management

Bb

  • Bi-Monthly Payroll
  • Bank File
  • Bank Transfer
  • Benefit package
  • Bi-Weekly Payroll
  • BIR
  • Bereavement Leave
  • Back Pay
  • Bank Reconciliation
  • Base Pay
  • Bonuses
  • Biometric Time Clock
  • Benefit Deductions

Cc

  • Cloud Payroll
  • Compensation Management
  • Cafeteria Plan
  • COBRA (Consolidated Omnibus Budget Reconciliation Act)
  • Consumer-Driven Health Plans (CDHP)
  • Cost of Living Adjustment (COLA)
  • Compliance
  • Compensation
  • Commission

Dd

  • Deduction Authorization
  • Data Security
  • Dependent Verification
  • Deferred Compensation
  • Dependent Care Assistance
  • Digital Signature
  • Deductions
  • Disability Insurance
  • Direct Deposit

Ee

  • Employer of Record (EOR)
  • Employment Contract
  • Employee Stock Purchase Plan (ESPP)
  • Employee Benefits
  • Expense Reimbursement
  • Earnings Statement
  • Equity Compensation
  • Employment Eligibility Verification (Form I-9)
  • Employee Assistance Program (EAP)
  • Electronic Payroll
  • Electronic Funds Transfer (EFT)
  • Employee Self-Service (ESS)

Ff

  • Fiscal year
  • Fines
  • Foreign employees
  • Family and Domestic voilence leave
  • Family and Medical Leave Act (FMLA)
  • Fair Labor Standards Act (FLSA)
  • Fairwork commision
  • Fringe Benefits
  • Fair Labor Standards Act (FLSA)

Gg

  • General Deductions
  • Gross Income
  • Gratuity
  • Guaranteed Pay
  • Group Health Insurance
  • Global Payroll
  • Gig Economy Payroll
  • Geofencing
  • General Ledger Integration
  • General Ledger
  • Gross Pay
  • Garnishment

Hh

  • Human Resources Information System (HRIS)
  • HR Compliance
  • Hours Worked
  • Hourly Rate
  • Hourly Payroll Processing
  • Holiday Schedule
  • Holiday Pay
  • Holiday Overtime Pay
  • Holiday Leave Balances
  • Holiday Entitlements
  • High-Deductible Health Plan (HDHP)
  • Health Savings Account (HSA)
  • Health Insurance Premiums
  • Headcount
  • HCM (Human Capital Management)
  • Hazard Pay

Ii

  • Indirect Compensation
  • In-house Payroll
  • Inbound Payroll Integration
  • International Payroll
  • Incentives
  • Income Tax

Jj

  • Journal Voucher (JV)
  • Just-in-Time (JIT) Payroll
  • Joining Bonus
  • Joint Payroll Account (JPA)
  • Job Title
  • Job Grade
  • Job Code

Kk

  • Kwacha (ZMW)
  • Kit Allowance
  • Kinship Benefits
  • Key Pay Dates
  • Kiosk
  • KRA (Kenya Revenue Authority)
  • Kiosk Time Clock

Ll

  • Loyalty Programs
  • Leave Policies
  • Leave Balances
  • Labor Law Compliance
  • Labor Cost Management
  • Long-term Disability Insurance
  • Leave Management
  • Leave Accrual

Mm

  • Managed Payroll
  • Mandatory Deductions
  • Maternity Leave
  • Metrics
  • Mileage Reimbursement
  • Mobile Workforce Management
  • Mobile Payroll App
  • Minimum Wage

Nn

  • Noncash compensation
  • Negative pay
  • Net-to-gross calculation
  • Nondeductible expenses
  • Nontaxable fringe benefits
  • No-show Policy
  • Non-Recourse Financing
  • Nonresident Alien Taxation
  • Notice of Pay Rate
  • Nominal Wage
  • New Hire Reporting
  • Nonqualified Deferred Compensation (NQDC)
  • Non-exempt Employee
  • Net Pay

Oo

  • Online Payroll
  • Open Enrollment
  • Occupational Safety and Health Administration (OSHA)
  • Off-cycle Payroll
  • Overpayment
  • Overtime Pay

Pp

  • Pay Date
  • Payroll Reconciliation
  • Payroll Journal
  • Payroll Calendar
  • Payroll Audit
  • Pay Compression
  • Pay Equity
  • Parental Leave
  • Paid Time Off (PTO)
  • Pre-Tax Deductions
  • Pension Plan
  • Profit Sharing
  • Performance Management
  • Performance Reviews
  • Payroll System
  • Payroll Software
  • Payroll Tax
  • Payroll Processor
  • Payroll Deductions
  • Payroll Administrator
  • Pay Period

Qq

  • Qualifying Child
  • Quarantine Pay
  • Quarterly Payroll Reporting
  • Qualifying Earnings
  • Quarterly Payroll
  • Quality Control

Rr

  • Regulatory Changes
  • Recurring Payments
  • Records Management
  • Rotating Shifts
  • Revenue Recognition
  • Regulatory Compliance
  • Redundancy Pay
  • Relocation Assistance
  • Recruitment
  • Recognition Programs
  • Return on Investment (ROI)
  • Retirement Benefits
  • Reimbursements
  • Remote Work

Ss

  • Staffing
  • Skills Development
  • Sales Commissions
  • State Income Tax
  • Salary Structure
  • Shift Differentials
  • Salary Survey
  • Salary Benchmarking
  • Succession Planning
  • Stock Purchase Plans
  • Salary Sacrifice
  • Stock Options
  • Severance Pay
  • Self-Employment Tax
  • Software as a Service (SaaS)
  • State Unemployment Insurance (SUI)
  • Social Security
  • Sick Leave
  • Salaried Employee
  • Salary

Tt

  • Tuition Assistance
  • Tip Reporting
  • Tax Credits
  • Tax Compliance
  • Time Sheet
  • Total Compensation
  • Tax Withholding
  • Time Clock
  • Time Off Policies
  • Taxable Income
  • Time Tracking Software
  • Time and Attendance

Uu

  • User Experience in Payroll (UX)
  • Underpayment
  • Unpaid Leave
  • Union Dues
  • User Access Controls
  • Uniformed Services Employment and Reemployment Rights Act (USERRA)
  • Unemployment Insurance

Vv

  • Vesting period
  • Vacation scheduling
  • Variable hour employee
  • Voucher
  • Visa sponsorship
  • Vacation policy
  • Virtual onboarding
  • Variable cost
  • Voluntary separation
  • Vacation Pay
  • Voluntary Deductions
  • Voucher System
  • Vesting
  • Virtual Time Clock
  • Variable Pay

Ww

  • Wage and Hour Laws
  • Wages
  • Work-life Balance
  • Web-Based Payroll
  • Workforce Development
  • Workforce Optimization
  • Workforce Analytics
  • Workforce Planning
  • Workforce Management
  • Workers' Compensation
  • Withholding Tax
  • Wage Garnishment

Xx

  • X-factor Payroll (referring to unique bonuses or incentives)
  • XML (eXtensible Markup Language)SEPA File

Yy

  • YTD (Year-to-Date) Payroll Report
  • Yearly Bonus
  • Year-end Payroll Processing
  • YOY (Year-over-Year) Comparison
  • Year-to-Date (YTD)

Zz

  • ZBA (Zero Balance Account) Payroll Processing
  • Zero-hour Contract (contract where employees are not guaranteed any specific number of working hours)
  • Zero-Based Budgeting (relevant for payroll budgeting)