PEO GLOSSARY
Human resources definitions that any human can understand
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FASB -
Financial Accounting Standards Board
FCRA -
Fair Credit Reporting Act
FICA -
Federal Insurance Contributions Act (Social Security and Medicare)
FLSA -
The Fair Labor Standards Act
FMLA -
The Family and Medical Leave Act
FSA -
A Flexible Spending Account (also known as a flexible spending arrangement) is a special account you put money into that you use to pay for certain out-of-pocket health care costs.
FUTA -
Federal Unemployment Tax Act (unemployment insurance)