IRS Three Factor Test

Pinnacle Group

A test outlined by the Internal Revenue Service (IRS) for a business to determine whether a person providing service is an employee or an independent contractor based on the degree …

Human Resource Outsourcing (HRO)

Pinnacle Group

Where a third-party is hired to perform all or part of an organization’s human resources functions.

Human Resource Management System (HRMS)

Pinnacle Group

A Human Resources technology that automates every day, repetitive tasks such as payroll, recruitment and onboarding, data storage and collection, learning management, employee self-service, and more.

Human Resource Information System (HRIS)

Pinnacle Group

A software platform used by the Human Resources department for data entry, data tracking and data information needs related to payroll, management, and accounting.