Compensation Glossary
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Popular Searches
Demotion
Market Based Salary Increase Budget
Geographic Differential
Defined Benefit Plans
Pay Grade
Promotional Increase
Job Family
Range
Consumer Price Index (CPI)
Percentile
Benchmark Job
Long-Term Incentive Plan
Foreign Earned Income Exclusion
Turnover
Sales Compensation
Year of Service
Mean
Midpoint Progression
Linear Regression
Minimum Wage
Aging Survey Data
Lump Sum Merit
Market Pricing
Compa-Ratio
Range Spread
Standard Deviation
Job Evaluation
Salary Grade
Benchmarking
Mix
Compensable Factors
Range Penetration
Cost of Living
Lead-Lag Pay Structure Policy
Restricted Stock
Standard Error of Estimate
Green Circle Rate
Cost of Labor
Coefficient of Determination
Bonus
Pay Range Overlap
Red Circle Rate
Pay Equity
Market Index
Broadbanding
Internal Equity
Black-Scholes Model Z
Stock Option Incentive
Shift Differentials
Gender Pay Gap
FICA
General Salary Increase
Lag the Market
Merit Increase
Lead Pay Structure Policy
Defined Contribution Plans
Median
Mode
Salary Range
Step Rates
Quartile
Total Rewards
Annual Incentive
Hours of Work
Individual Retirement Account (IRA)
Works Council
Salary Structure Change
Featured White Paper
Common Compensation Terms and Formulas - January 2026
Find commonly used compensation terms and formulas for your reference when planning compensation.
Ready to Streamline Your Compensation Strategy with Us?
Discover how our Assessor Platform can help you attract top talent, stay on top of market trends, and set your organization up for success, all in one platform.
Try a Free Demo
White Papers
Insights on Compensation
About Us
ERI SalaryExpert was launched in 2000 by ERI Economic Research Institute to help organizations and individuals optimize salary planning. Our robust compensation management solution houses the global salary survey data and applications needed to design competitive and effective compensation structures. From benchmarking with reliable market data to analyzing geographic differentials and conducting pay equity analyses, our intelligent platform is an innovative way of merging integral salary survey data with efficient features, all in one system.
Learn More
Featured White Paper
Common Compensation Terms and Formulas - January 2026
Find commonly used compensation terms and formulas for your reference when planning compensation.
Ready to Streamline Your Compensation Strategy with Us?
Discover how our Assessor Platform can help you attract top talent, stay on top of market trends, and set your organization up for success, all in one platform.
Try a Free Demo
About Us
ERI SalaryExpert was launched in 2000 by ERI Economic Research Institute to help organizations and individuals optimize salary planning. Our robust compensation management solution houses the global salary survey data and applications needed to design competitive and effective compensation structures. From benchmarking with reliable market data to analyzing geographic differentials and conducting pay equity analyses, our intelligent platform is an innovative way of merging integral salary survey data with efficient features, all in one system.
Learn More