Workforce & Finance Glossary for Employers
It's easy to get lost in the business lingo of HR, payroll, finance, and IT. Let our Workforce & Finance Glossary light the way! Browse by category, alphabetically, or use the search bar.
We regularly update our glossary to keep up with the fast-changing world of work. Bookmark it for quick reference — whether you’re a workforce specialist or building your own business.
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401(a) plan
An employer-sponsored retirement savings plan for public-sector and nonprofit workers.
401(k) true-up
An extra employer contribution to an employee’s retirement plan to fulfill annual matching requirements.
403(b) plan
A retirement savings plan designed for public and tax-exempt entities, often offered alongside 401(a) plans.