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Global HR Glossary

Global HR Solutions & Employment Tools for Distributed Teams

Payroll

Tending Terms

Paid sick leave

Paid sick leave is a workplace benefit that allows employees to take time off from work due to...

General accounting ledger

A general ledger (GL), also known as an accounting ledger, is a core accounting tool that...

Eft

Electronic funds transfer (EFT), is a digital financial transaction method facilitating swift,...

Cross functional teams

A cross-functional team is a group of individuals from different functional areas or departments...

Business process outsourcing bpo

What is business process outsourcing? Essentially, business process outsourcing (BPO) is the...

Accounts receivable

Accounts receivable (AR) refers to money owed to the company. AR differs from accounts payable...

Upward mobility

Upward mobility is the ability of people to improve their socioeconomic conditions. In a society, a...

Business equity

In a business context, equity refers to the ownership interest in a company, representing the...