Worker Compensation

Employer's Liability Acts
Statutes specifying the extent to which employers shall be liable to make compensation for injuries sustained by their employees in the course of employment.
Time-and-a-Half
Time-and-a-half refers to the payment of one and a half times the worker's regular hourly wage for work performed beyond 40 hours per week. This payment policy is mandated by the Fair Labor Standards Act (FLSA).

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.