Employer-Employee Relations

Hit The Bricks
A colloquial term used to describe employees going on strike against their employer, usually as a protest against labor conditions, wages, or other employment terms.
Imposition
Imposition refers to an excessive or unwarranted request made by an individual or entity, or the act of levying a tax or fine on a specific item.
Individual Bargaining
Individual bargaining refers to negotiations between a single employee and their employer, often giving the employer greater strength compared to collective bargaining where the employer negotiates with a group of employees.
Split Dollar Life Insurance
A split-dollar life insurance policy is a strategy in which the premiums, ownership rights, and death proceeds are divided between an employer and an employee, or a parent and a child. This type of policy can be a useful tool for providing benefits while sharing costs and risks.

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.