Top HR Payroll Terms -You should aware of!

Are you confused about a specific HR terms? Get solution about HR terminology with informative resource.

Fix pay


Fixed pay is a form of standard wages.

Payroll Cycle


Payroll cycle is a system for managing employee movement within an organization.

cost overrun


Cost Overrun is when the actual cost of completing a project is higher than the estimated cost.

lop in salary


Loss of Pay (LOP) is a form of leave taken by an employee.

Payroll Journal Entry


Payroll journal entries are transactions that record the salaries, wages of employees during a given payroll cycle.

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