AIHR Boot Camps are intensive HR training programs designed to rapidly upskill small cohorts, blending self-paced, specialized content with instructor-led, practical sessions, all guided by a program manager to ensure progress and impact.
Learn moreWhat does gross-up mean? Gross-up refers to increasing an employee’s compensation to account for the taxes they will owe on that income. In simpler terms, it provides employees with a net pay amount after accounting for taxes. The grossed-up amount is calculated by adding the estimated tax amount to the employee’s base salary or wages.…
What is back pay? Back pay is the amount of money an employer owes an employee for work performed but not properly compensated. Back pay can arise from work that: It can also be unpaid money after a raise that was not promptly processed. Generally, it’s any financial difference between what the employer honored in…
What does rate of pay mean? The term “rate of pay” refers to the amount of money an employee should receive within a designated time frame, such as hourly, weekly, or monthly. This compensation may comprise wages, commissions, bonuses, and other entitled benefits. Additionally, if the employee exceeds 40 working hours per week, they may…
What is annual leave? Annual leave is the amount of paid time off (PTO) an employee can take from work each year. Employers typically provide it as part of a compensation package, and it can be used for rest and recreation, personal errands, or other activities. Annual leave is intended to give employees time off…
What is a clawback? In HR and legal terms, a clawback clause allows an employer to recover money or other assets from an employee who has already received payment. It’s often used to recoup losses from fraud, financial mismanagement, or other breaches of contract. In fact, over 90% of S&P 500 companies have clawback policies…
What are pink collar jobs? Pink collar jobs are careers that have historically absorbed the expanding female labor force. Pink collar jobs are typically service-oriented roles that require interpersonal skills and involve caring for others, such as nursing, teaching, secretarial work, social work, and childcare. While these positions may have male workers, females have traditionally…
What is a nonexempt employee? A nonexempt employee is any employee who is not exempt from the overtime provisions of the Fair Labor Standards Act (FLSA). All nonexempt employees, then, are entitled to be paid at least the legal minimum wage and overtime pay for any hours they work beyond the first 40 work hours…
What is pay for performance? Pay for performance (P4P) is a payment structure that builds on an employee’s base pay when they meet or exceed measurable performance metrics. It is often seen as a fairer and more adaptive way to reward employees who put in great effort and get better results, compared to the traditional…
What is a contingent worker? A contingent worker is a term that describes a type of employee who works for an organization on a short-term, contractual, or as-needed arrangement. Unlike traditional employees, typically employed on a full-time or long-term basis, contingent workers often get hired for specific projects or tasks and are not guaranteed ongoing…
Golden handcuffs meaning The term ‘golden handcuffs’ refers to a company providing a financial incentive to retain an employee. For example, to avoid employees leaving and moving to another competitor, a company might offer one of their employees stock options, an enticing bonus, or a better retirement plan, all of which are beneficial to the…
