Glossary

Expand your HR knowledge with the FirstHR Glossary, offering concise definitions and explanations of key industry terms, ensuring you stay informed and equipped with the latest terminology.

277 posts
Skills Gap

Skills Gap

What is a Skills Gap? The skills gap is a complex phenomenon that arises from the misalignment between…
What is Form 941?

What is Form 941?

Introduction Form 941, officially titled the “Employer’s Quarterly Federal Tax Return,” is a crucial document in the realm…
Sick Leave Pay

Sick Leave Pay

What is Sick Leave Pay? Sick leave pay is a critical component of employee benefits designed to address…
CP 575 Form

CP 575 Form

Introduction The CP 575 Form, officially titled the “Notice of Federal Tax Classification of an Employer,” is a…
Bereavement leave

Bereavement leave

What is Bereavement Leave? Bereavement leave, also known as compassionate leave or grief leave, is a type of…
Form 940

What is Form 940?

Introduction Form 940, officially titled the Employer’s Annual Federal Unemployment (FUTA) Tax Return, is a vital component of…
Form 8832

What is Form 8832?

Introduction In the intricate landscape of U.S. tax regulations, business entities face a critical decision that can significantly…
What is Form 8233?

What is Form 8233?

Introduction Form 8233 is a pivotal document within the intricate landscape of the United States tax system, specifically…