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Notice Period
Last Updated: July 11, 2025Notice Period is the duration an employee or employer must provide before terminating employment, as stipulated in contracts or labor laws, typically 2-4 weeks.
Nonresident Alien
Last Updated: July 11, 2025A Nonresident Alien is a foreign individual who does not meet the IRS’s substantial presence test or green card test, affecting their tax obligations and work eligibility.
Noncompete Agreement
Last Updated: July 11, 2025A Noncompete Agreement is a contract restricting an employee from working for competitors or starting a similar business for a specified period after leaving a job.
Non-Qualified Plans (W-2)
Last Updated: July 11, 2025Non-Qualified Plans (W-2) are employer-sponsored benefit plans, like deferred compensation, not meeting IRS qualification rules, with earnings reported on W-2 as taxable income.
Non-exempt Employee
Last Updated: July 11, 2025A Non-exempt Employee is a worker entitled to overtime pay and minimum wage under the FLSA, typically hourly, based on job duties and salary level.
Non-Discrimination Testing
Last Updated: July 11, 2025Non-Discrimination Testing is an analysis to ensure employee benefits, like retirement plans, do not unfairly favor highly compensated employees, complying with IRS rules.
Non-disclosure Agreement (NDA)
Last Updated: July 11, 2025A Non-disclosure Agreement (NDA) is a legal contract between an employer and employee prohibiting the disclosure of confidential information, such as trade secrets or client data.
New Hire Report
Last Updated: July 11, 2025A New Hire Report is a document or submission employers provide to state agencies, detailing new employees’ information to enforce child support or tax obligations.
New Hire Orientation
Last Updated: July 11, 2025New Hire Orientation is a program to introduce new employees to the company’s culture, policies, and procedures, typically conducted within the first week of employment.
Net Promoter Score (NPS)
Last Updated: July 11, 2025Net Promoter Score (NPS) is a metric that measures customer or employee willingness to recommend an organization, calculated from survey responses on a 0-10 scale.
Net Salary
Last Updated: July 11, 2025Net Salary is the actual amount an employee takes home after all mandatory and voluntary deductions are subtracted from the gross salary, similar to net pay.
Net Pay
Last Updated: July 11, 2025Net Pay is the amount an employee receives after all deductions, such as taxes and benefits, are subtracted from their gross salary or wages.
Nepotism
Last Updated: July 11, 2025Nepotism is the practice of favoring relatives or friends, especially in hiring or promotions, regardless of merit, which can lead to workplace inequity and reduced morale.