Understanding payroll can be like learning a new language.

These brands rely on Rise. You could too.

Memo-RISE all essential payroll terms.

Brush up on the sometimes-complex world of payroll with this detailed glossary of need-to-know payroll terms, from ACH to YTD. 

Research shows that, in 74% of Canadian organizations, the roles and operations within payroll are not clearly defined. 

Which means that nearly three quarters of Canadian businesses might not have a dedicated payroll professional to rely on.

Whether you’re new to payroll or just need a refresher, it’s important to know the most common payroll phrases and acronyms.

Essential payroll glossary

Learn it all
Read the entire glossary to get an overview of all essential payroll terms.

Skip ahead
Hop to the term you need a refresher on with the easy-to-navigate alphabetical header.

Keep it close
Never forget a payroll term again with this detailed guide.