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31 HR Acronyms Explained

Genesis HR Solutions

1099: A form that reports income from self employment earnings, interest and dividends, government payments, and more. IRS ) W-4: A form used by employers to withhold the proper amount of federal income tax from employees’ paychecks. ( This cheat sheet explains several common human resource acronyms.

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How to HR in a growing company – A guide for every size business

Insperity

Consider hiring a company that specializes in payroll processing to ensure that requisite payroll taxes and deductions are withheld. You must submit this each year to the Equal Employment Opportunity Commission. Depending on the industry, you may be required to implement a safety program with regular safety training.