Skip to main content

 

 

YOURPEOPLE, INC.

Important terms for hiring and onboarding

There are several important terms related to hiring and onboarding that employers should be aware of.

Hiring and Onboarding Terminology

  • Fair Labor Standards Act (FLSA): Requires employers to pay covered employees who are not otherwise exempt at least the federal minimum wage and overtime pay of one-and-one-half-times the regular rate of pay.
  • Overtime: Hours worked over 40 in a workweek by employees covered by the Fair Labor Standards Act (FLSA).
  • W-2 Form: An IRS form used by employees as part of filing their income tax every year.
  • W-4 Employee Withholding Allowances: Used by employers to withhold the correct federal income tax from employee's pay.
  • Was this article helpful?