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
Contingent Workers

Contingent Workers

Introduction In the rapidly evolving landscape of the contemporary labor market, the prevalence of contingent workers is undergoing…
Compa-Ratio

Compa-Ratio

What is Compa-Ratio? In the realm of human resources and compensation management, Compa-Ratio serves as a vital metric…
9/80 Work Schedule

9/80 Work Schedule

Introduction In response to evolving workplace dynamics, the 9/80 work schedule has emerged as an innovative approach to…
457(b) Retirement Plan

457(b) Retirement Plan

Introduction The landscape of retirement planning has become increasingly complex, with individuals seeking effective strategies to secure their…
4-Day Work Week

4-Day Work Week

Introduction The traditional 5-day work week has been scrutinized recently as businesses and employees explore alternative approaches to…
Time & Attendance

Time & Attendance

What is Time & Attendance? In the dynamic workforce management landscape, the term “Time and Attendance” encapsulates a…
Time management

Time management

What is Time management? Effective time management is a crucial skill set in the relentless pursuit of personal…
Absenteeism Policy

Absenteeism Policy

What is an Absenteeism Policy? An absenteeism policy is a set of guidelines and procedures established by an…