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
Post-Tax Deduction

Post-Tax Deduction

What is a Post-Tax Deduction? Post-Tax Deduction are taken from an employee’s paycheck after taxes are withheld. These…
Рrobation

Probation

What is Probation? Probation is a period of time during which an employee’s performance and behavior are evaluated…
Pre-Employment

Pre-Employment

What is Pre-Employment? Pre-employment refers to the process of screening and evaluating potential candidates before offering them a…
Performance Bonus

Performance Bonus

What is a Performance Bonus? A performance bonus is a type of financial incentive given to employees for…
Performance Management

Performance Management

What is Performance Management? Performance management is the process of setting goals, assessing progress, providing feedback, and improving…
Performance Review

Performance Review

What is a Performance Review? A performance review, or an employee evaluation or appraisal, formally assesses an employee’s…
Promotion

Promotion

What is Promotion? A promotion is a career advancement that an employee may receive within a company. It…
Payslip

Payslip

What is a Payslip? A payslip, also known as a wage slip or salary slip, is a document…
Pay Stub

Pay Stub

What is a Pay Stub? A pay stub, also known as a paycheck stub or pay advice, is…
Pay Period

Pay Period

What is a Pay Period? A Pay Period is the duration of time for which an employer calculates…