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payment to employee

См. также в других словарях:

  • employee — em·ploy·ee or em·ploye n: a person usu. below the executive level who is hired by another to perform a service esp. for wages or salary and is under the other s control see also respondeat superior compare independent contractor ◇ In determining… …   Law dictionary

  • payment in lieu of notice — (PILON) A contractual right to pay an employee a lump sum rather than require them to work out their statutory or contractual notice period. If there is no PILON clause in a contract of employment then an employer who pays an employee a lump sum… …   Law dictionary

  • employee compensation — ➔ compensation * * * employee compensation UK US noun [U] (US ► HR the total cost of an employee or employees, including what they are paid and the cost of any benefits in addition to their pay: »The overall increase in employee compensation… …   Financial and business terms

  • payment — The amount required to repay a loan, including interest and fees. Bloomberg Financial Dictionary * * * payment pay‧ment [ˈpeɪmənt] noun 1. [countable, uncountable] FINANCE an amount of money that must be or has been paid, or the act of paying it …   Financial and business terms

  • Employee Retirement Income Security Act — The Employee Retirement Income Security Act of 1974 (ERISA) (USStatute|93|406|88|829|1974|09|02) is an American federal statute that establishes minimum standards for pension plans in private industry and provides for extensive rules on the… …   Wikipedia

  • payment — I (New American Roget s College Thesaurus) Act of paying Nouns 1. payment, defrayment; discharge, remission; acquittance, quittance; settlement, clearance, liquidation, satisfaction, reckoning, arrangement, restitution, repayment, reimbursement;… …   English dictionary for students

  • employee —    An individual who is hired for a wage, salary, fee or payment to perform work for an employer. In the law of agency, the employee is known as an agent and the employer is called the principal. The agency relationship is important to establish… …   Business law dictionary

  • payment in kind — A payment that is not made in cash but in goods or services. It is often in the form of a discount or an allowance, e. g. cheap fares for British Airways employees, staff prices for food at supermarkets, etc. Now regarded as a bonus or fringe… …   Big dictionary of business and management

  • Employee Retirement Income Security Act - ERISA — The Employee Retirement Income Security Act of 1974 (ERISA) protects the retirement assets of Americans by implementing rules that qualified plans must follow to ensure that plan fiduciaries do not misuse plan assets. ERISA also: 1. Requires… …   Investment dictionary

  • payment by results — A system of payment in which an employee s pay is directly linked to his performance. The majority are premium bonus schemes. See also piece rate; lump sum …   Big dictionary of business and management

  • payment in lieu — noun payment to an employee as an alternative to leave entitlements being taken …  


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