HR Glossary

What is 1099 Form?

A family of IRS information returns used to report non-employee compensation, freelance income, interest, dividends, and other types of income not reported on a W-2, with the 1099-NEC being the most common for contractor payments.

Why it matters in hiring

1099 Form comes up whenever teams compare candidates, set policy or report on people data. Getting the definition right keeps decisions consistent, which is the same reason springhire scores every applicant against the same criteria rather than on impression.

Related terms starting with #

• 13th Month Pay (Global)
• 30-60-90 Day Plan
• 360-Degree Feedback
• 360 Feedback
• 4-Day Work Week
• 401(k)
• 401(k) Compliance
• 403(b)

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