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
Annualized Salary

Annualized Salary

What is an Annualized Salary? An annualized salary refers to an employee’s yearly earnings, irrespective of their pay…
Applicant

Applicant

What is an Applicant? An applicant is an individual who applies for a job or position by submitting…
API

API

What is an API? An API is a set of protocols and tools that enable different software systems…
Applicant Pool

Applicant Pool

What is an Applicant Pool? An applicant pool is simply a group of individuals who have applied for…
Agent (Insurance)

Insurance Agent

What is an Insurance Agent? An insurance agent is a crucial participant in the ever-evolving landscape of the…
After-Tax Deductions

After-Tax Deductions

Introduction After-tax deductions are critical to an employee’s financial planning, influencing net income and long-term financial goals. Understanding…
Annualized Hours

Annualized Hours

Annualized hours are a method of scheduling employee work hours that provide flexibility to both employers and employees.…
Biweekly Payroll

Biweekly Payroll

What is Biweekly Payroll? Biweekly payroll is a type of payroll schedule in which employees are paid every…