Employment Hierarchy

Peon
The term 'peon' refers to a person who works in a servile capacity or, in Spanish, to a laborer or servant. It is often used to describe workers performing menial tasks that require little skill or decision-making authority. The term has historically been used in various countries to denote low-status laborers.

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.