Tag: employment

What is 'Abandonment Clause' A clause in a property insurance contract that, under certain circumstances, permits the property owner to abandon lost...

What are accelerated payments and how do they work Accelerated payments are payments that are made before the scheduled due date. They are often used...

What is 'Sanku (Three Gaps) Pattern' The Japanese word for a candlestick pattern that consists of three individual gaps located within a...

DefinitionThe workforce or labour force is the labour pool in employment. It is generally used to describe those working for a single company or...

Did you know that you could receive a parsonage allowance? A parsonage allowance is a tax-free housing allowance given to ministers, priests, and rabbis....

What is 'Fair Labor Standards Act - FLSA' A United States law which sets out various labor regulations regarding interstate commerce employment,...

DefinitionFeatherbedding is the practice of hiring more workers than are needed to perform a given job, or to adopt work procedures which appear pointless,...

What is 'Geographical Labor Mobility' Geographical labor mobility refers to the level of freedom that workers have to relocate in order to...

DefinitionTax deferral refers to instances where a taxpayer can delay paying taxes to some future period. In theory, the net taxes paid should be...

DefinitionUnderemployment is the under-use of a worker due to a job that does not use the worker's skills, or is part time, or leaves...