Glossary of Payroll Terms

Leave of Absence

A temporary absence from work for a specific reason. Reasons include maternity, child care, death of family member, etc. Often abbreviated to LOA.

Leave Accrual Processing

Processing of leave accruals is used to maintain employee leave balances. All leave benefit plans accrue leave by length of service or number of hours worked. Leave accrual processing is used to determine the employee's leave accrual award and resulting leave balance.

Levy

An attachment or garnishment for a tax debt or court judgment.

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