HR Glossary
What is Year-End Processing?
Annual payroll closing activities that include reconciling earnings, generating W-2s and other tax forms, filing annual returns, and preparing payroll systems for the new calendar year.
Why it matters in hiring
Year-End Processing 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 Y
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