Regular Full-Part-Time Employee
Business / Human Resources (HR) / Regular Full-Part-Time Employee
Regular Full-Part-Time Employee: An individual who has been hired by an employer to work a predetermined amount of hours per week in a position/appointment of indefinite duration.
Nonexempt Employee: An employee who does not meet any one of the Fair Labor Standards Act exemption tests and is paid on an hourly basis and covered by wage and hour laws regarding hours worked, overtime pay, etc.
Part-Time Employee: An individual who continually works less than 40 hours per week (standard workweek hours are based on individual employer policy, therefore, a 40-hour workweek is only a guideline; this numb . . . View Full Definition
Regular Expressions: A regular expression, or regex, is a term that signifies or matches a set of expressions. The set signified or matched is determined by the shorthand notation, or terms, used in the regular . . . View Full Definition
Key Employee: Under FMLA statutes, a key employee is defined as a salaried employee who is among the highest-paid 10% of all workers employed by the employer within a 75-mile radius. Under ERISA, a key em . . . View Full Definition
Internal Temporary Pool Employee: A pool of former employees who are called upon and hired to fill temporary staffing needs on an as-needed basis.
Gold-Collar Employee: The term used to describe individuals such as scientists, engineers and other highly skilled employees who are in high demand and short supply.
Highly Compensated Employee: For the purposes of retirement plans, a highly compensated employee is defined by the IRS as an employee who owns 5% or more of a company or receives compensationin excess of a predetermined . . . View Full Definition
Highly Compensated Employees: Highly compensated employees are people whose on-the-job earnings are higher than the level the government has established to differentiate this category of worker. In 2007, that amount is $ . . . View Full Definition
Irregular Verb: A verb that doesn't follow common verb patterns. For instance, think/thought and be/am/was. Most irregular English verbs today are the remains of the old Anglo-Saxon strong verbs.
Word of the Day:
Income Tax: Common stock with a high dividend yield and few profitable investment opportunities.