Employer

Administrative Management Society
The Administrative Management Society (AMS) is a professional management society that promotes the application of management methods in commerce and industry to increase productivity, lower costs, and improve quality. Additionally, it encourages research and emphasizes sound employer/employee relations.
Employer
An employer is an individual or organization that hires and pays workers, providing them with wages and a livelihood. The employer holds authority to direct the work and has the ability to hire or dismiss employees, furnish working locations and necessary supplies, and handle tax obligations.
Impasse
A situation in which no progress is possible, often due to a disagreement or deadlock. For example, an impasse may occur during negotiations between an employer and a labor union when neither party is willing to compromise.
Payroll Period
The payroll period is the interval of time for which an employer ordinarily pays wages to employees. The amount of withholding varies depending on the payroll period.

Accounting Terms Lexicon

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