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Glossary of Human Resources Management and Employee Benefit Terms
Arrears encompass overdue payments, including financial, legal, tax, and utility bills. They signify a lapse in meeting financial obligations within the specified time frame, leading to potential consequences.
Arrears refer to the amount of money that is overdue or unpaid, often in the context of payments or debts that should have been paid by a certain deadline but were not.
Arrears mean outstanding or overdue payments not made by the due date.
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.
Social security benefits are typically paid in arrears, meaning beneficiaries receive payments for the previous month.
Property taxes are often paid in arrears, meaning they are paid for the previous year's assessment.
Arrears of pay refer to overdue or unpaid payments, often in the context of wages or salaries that have not been received on time.
Arrears in salary refer to payments overdue or unpaid to an employee, typically wages or salaries that the employer has not paid on time.
"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.
Yes, arrears generally mean owing, particularly in the context of overdue payments or debts not settled by their due dates.
The different types of arrears are:
Several factors contribute to individuals or entities falling into arrears:
Failing to address arrears can result in severe consequences:
Preventing arrears is crucial for financial stability:
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.
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.
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).
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 (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.
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.
To mitigate the effects of arrears, individuals can consider various strategies:
Child support arrears typically go to the custodial parent or guardian responsible for the child's care and upbringing.
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