Alternative Dispute Resolution (ADR)
What is Alternative Dispute Resolution (ADR)? Alternative Dispute Resolution (ADR) refers to methods or processes of resolving disputes…
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
What is Flat Tax Withholding?
Introduction Taxation is a fundamental component of any economic system, playing a crucial role in funding public services…
Diversity Management
What is Diversity Management? Diversity management, also known as diversity and inclusion management, is a strategic approach to…
What is FUTA?
The Federal Unemployment Tax Act (FUTA), enacted in 1939 as part of the broader Social Security Act, is…
Permanent Contract
What is a Permanent Contract? A permanent contract, often an indefinite or open-ended contract, represents a fundamental type…
Personal Income Tax (PIT)
1. What is Personal Income Tax (PIT)? Personal Income Tax (PIT) is a direct tax imposed on individuals’…
Per Diem
What is Per Diem? 2. Components of Per Diem: a. Meals: b. Lodging: c. Incidental Expenses: 3. Per…
What is Federal Tax Deposit?
Federal Tax Deposits (FTDs) constitute a critical component of the United States tax infrastructure, acting as a conduit…
Agile
What is Agile? Agile refers to a set of principles and practices used in project management and software…
Ageism
What is an Ageism? Ageism refers to the prejudice, stereotyping, or discrimination against individuals or groups based on…