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The Empuls Glossary

Glossary of Human Resources Management and Employee Benefit Terms

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Does arrears mean owing?

Yes, arrears generally mean owing, particularly in the context of overdue payments or debts not settled by their due dates.

What are the different types of arrears?

The different types of arrears are:

  • Financial arrears: This includes overdue rent, mortgage, or loan installment payments.
  • Legal arrears: Refers to unpaid obligations such as child support or alimony.
  • Tax arrears: Denotes overdue taxes that individuals or businesses owe to the government.
  • Utility Arrears: Encompasses unpaid bills for essential services like electricity or water.

What are the causes of arrears?

Several factors contribute to individuals or entities falling into arrears:

  • Economic factors: Job loss, economic downturns, or reduced income can hinder one's ability to meet financial obligations.
  • Personal circumstances: Events like illness, divorce, or unexpected expenses can strain finances.
  • Poor financial management: Overspending, lack of budgeting, or financial mismanagement may lead to arrears.
  • Legal issues: Disputes over payments or legal complexities can delay fulfilling financial commitments.

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What happens when child support arrears are paid in full?

When child support arrears are paid in full, the obligation is considered satisfied, and no further payments are required unless otherwise specified by the court.

Is social security paid in arrears?

Social security benefits are typically paid in arrears, meaning beneficiaries receive payments for the previous month.

Are property taxes paid in arrears?

Property taxes are often paid in arrears, meaning they are paid for the previous year's assessment.

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What does arrears of pay mean?

Arrears of pay refer to overdue or unpaid payments, often in the context of wages or salaries that have not been received on time.

What are arrears in salary?

Arrears in salary refer to payments overdue or unpaid to an employee, typically wages or salaries that the employer has not paid on time.

What is the meaning of arrear students?

"Arrear students" typically refers to students who have failed to pass one or more subjects in their academic curriculum and must clear those subjects in subsequent examinations.

Does arrears mean owing?

Yes, arrears generally mean owing, particularly in the context of overdue payments or debts not settled by their due dates.

What are the different types of arrears?

The different types of arrears are:

  • Financial arrears: This includes overdue rent, mortgage, or loan installment payments.
  • Legal arrears: Refers to unpaid obligations such as child support or alimony.
  • Tax arrears: Denotes overdue taxes that individuals or businesses owe to the government.
  • Utility Arrears: Encompasses unpaid bills for essential services like electricity or water.

What are the causes of arrears?

Several factors contribute to individuals or entities falling into arrears:

  • Economic factors: Job loss, economic downturns, or reduced income can hinder one's ability to meet financial obligations.
  • Personal circumstances: Events like illness, divorce, or unexpected expenses can strain finances.
  • Poor financial management: Overspending, lack of budgeting, or financial mismanagement may lead to arrears.
  • Legal issues: Disputes over payments or legal complexities can delay fulfilling financial commitments.

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What are the implications of arrears?

Failing to address arrears can result in severe consequences:

  • Financial consequences: Accrual of fees, penalties, and interest, exacerbating the financial burden.
  • Legal consequences: Risk of court proceedings, judgments, or legal actions by creditors.
  • Social consequences: Arrears can cause stress, strain relationships, and impact mental well-being.
  • Long-term impacts: Damage to credit scores, potential homelessness, and prolonged financial instability.

What are the strategies to prevent arrears?

Preventing arrears is crucial for financial stability:

  • Budgeting and financial planning: Establish and adhere to a budget to manage expenses effectively.
  • Emergency savings: Maintain emergency funds to cover unexpected expenses and prevent reliance on credit.
  • Insurance coverage: Invest in appropriate insurance policies to mitigate financial risks.
  • Professional advice: Seek guidance from a financial advisor or counselor to address financial issues before they escalate.

How to terminate child support arrears?

Child support arrears can be terminated by fulfilling the payment obligation in full, negotiating a settlement with the custodial parent or guardian, or through legal means such as demonstrating a change in circumstances.

How do you get child support arrears dismissed in Ohio?

In Ohio, child support arrears may be dismissed through legal channels such as demonstrating a change in circumstances or negotiating with the child support enforcement agency.

Employee pulse surveys:

These are short surveys that can be sent frequently to check what your employees think about an issue quickly. The survey comprises fewer questions (not more than 10) to get the information quickly. These can be administered at regular intervals (monthly/weekly/quarterly).

One-on-one meetings:

Having periodic, hour-long meetings for an informal chat with every team member is an excellent way to get a true sense of what’s happening with them. Since it is a safe and private conversation, it helps you get better details about an issue.

eNPS:

eNPS (employee Net Promoter score) is one of the simplest yet effective ways to assess your employee's opinion of your company. It includes one intriguing question that gauges loyalty. An example of eNPS questions include: How likely are you to recommend our company to others? Employees respond to the eNPS survey on a scale of 1-10, where 10 denotes they are ‘highly likely’ to recommend the company and 1 signifies they are ‘highly unlikely’ to recommend it.

Based on the responses, employees can be placed in three different categories:

  • Promoters
    Employees who have responded positively or agreed.
  • Detractors
    Employees who have reacted negatively or disagreed.
  • Passives
    Employees who have stayed neutral with their responses.

How to get child support arrears dismissed?

Child support arrears may be dismissed through various legal avenues, such as demonstrating a change in financial circumstances, negotiating a payment plan with the child support agency, or seeking legal advice from a family law attorney.

How to manage arrears?

To mitigate the effects of arrears, individuals can consider various strategies:

  • Communication: Open dialogue with creditors or relevant parties to negotiate repayment terms.
  • Negotiation: Seek repayment plans or settlements that are feasible and mutually beneficial.
  • Financial assistance: Explore options such as financial counseling or assistance programs.
  • Legal options: Consider mediation or, as a last resort, bankruptcy to address arrears.

Who do child support arrears go to?

Child support arrears typically go to the custodial parent or guardian responsible for the child's care and upbringing.

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