941 Schedule B Form
941 Schedule B Form 941 is used by employers who withheld income tax from wages or who must pay social security or Medicare tax.
ABA Code
ABA code, or Automated Banking Association code, is a unique number used to identify financial institutions.
Baby Boomers
A Baby Boomer is a person born after World War II, between 1946 and 1964.
Back pay
Back pay is the payment of wages or benefits that an employee should have received, but for some reason was not paid in a timely manner.
Backfill
A backfill is a position that is filled by an employee who was previously working in another position.
Backup server
A backup server is a network server that has been created to back up data in case the primary server fails.
Backup withholding
Backup withholding is a federal income tax that the IRS requires your company to withhold from payments made to you or your business.
Balance of payment (BOP)
The balance of payments (BOP) is a record of all economic transactions between individuals and institutions in one country and the rest of the world over a period.
Balanced Scorecard (BSC)
The Balanced Scorecard (BSC) is a performance measurement system that combines financial, operational, and customer perspectives with strategic vision.
Ban-the-box
Ban-the-box law imposes restrictions on employers from asking questions about the criminal history of a job applicant during the hiring process.
Bankruptcy
Bankruptcy is a legal process that allows individuals and businesses to get rid of their debt, so they can start fresh. In the United States, bankruptcy is governed by federal law and administered by federal courts in each state.
Before tax deduction
Before-tax deductions are a type of deduction that allows employees who are paid on a net basis to reduce their gross income before calculating federal income tax.
Behavioral competency
Behavioral competency is a set of skills, abilities, and behaviors that an individual must possess to achieve a desired outcome. It’s similar to personality traits, but different in that it doesn’t focus on personality characteristics.
Behaviorally anchored rating scale (BARs)
A behaviorally anchored rating scales, or BARs, are questionnaires used to assess job-related behaviors.
Benchmark job
A benchmark job is a sample of the jobs in a specific profession. It shows how much money employees earn and what type of skills are required for those roles.