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31 HR Acronyms Explained

Genesis HR Solutions

Leave a comment below with your suggestions. This cheat sheet explains several common human resource acronyms. 1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. TurboTax ) 401(k): Retirement plans named for the section of the tax code that governs them. (

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Fingercheck

HR Lineup

It supports various pay types, including hourly, salaried, and commission-based, and can handle complex pay structures and deductions. Fingercheck is also compliant with industry standards, such as the Fair Labor Standards Act (FLSA) and the Family and Medical Leave Act (FMLA).

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Exempt vs. non-exempt employees: Navigating worker classification

Higginbotham

Understanding the distinction between exempt and non-exempt employees is crucial in navigating the complexities of labor laws and complying with the Fair Labor Standards Act (FLSA). Employers may use nondiscretionary bonuses and incentive payments (such as commissions) to satisfy up to 10% of the mandated salary level.

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It’s time to review (or create) your document retention policy

Business Management Daily

Generally, you must keep your records that support an item of income, deduction or credit shown on your tax return until the period of limitations for that tax return runs out. Employers covered by the Family and Medical Leave Act ( FMLA ) are required to make, keep and preserve certain records pertaining to their obligations under the law.

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Employee Files: What to include, what to leave out, and what’s confidential

Business Management Daily

For example, the Equal Employment Opportunity Commission (EEOC) requires that employers must keep personnel records for one year. Besides that, your confidential medical records will let you know if any team members have disabilities that you need to consider when planning and assigning tasks. Why is that?

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How To Avoid Damages Involving Pregnancy Discrimination

Abel HR

In fact, the Equal Employment Opportunity Commission (EEOC) logged a whopping 2,753 pregnancy discrimination charges in 2019, which represents the lowest rate in almost a decade and is down almost a third from the 4,029 filed in 2010. For many women, pregnancy is a joyous time (minus the morning sickness and back pain!),

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What is GINA? The federal discrimination law you need to know.

Business Management Daily

GINA, or the Genetic Information Nondiscrimination Act, outlaws genetic discrimination. If co-workers, for example, find out that a worker or his family member’s genetic disorder, any harassment violates GINA. An Americans With Disabilities Act (ADA) request may reveal a genetically-linked disability. GINA definition.