Compensation Glossary
Welcome to SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Broker Dealer
Other than a bank, any individual or firm that is in the business of buying and selling securities for itself and others. Called an agent or broker when buying securities and a principal or dealer when selling them. The SEC requires that broker/dealers not only register with the SEC but also with the states in which they conduct business.
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Long-Term Incentive Plan
Foreign Earned Income Exclusion
Defined Benefit Plans
Job Family
Market Based Salary Increase Budget
Linear Regression
Benchmark Job
Salary Grade
Lump Sum Merit
Pay Range Overlap
Benchmarking
Minimum Wage
Cost of Living
Promotional Increase
Salary Range
Sales Compensation
Salary Structure Change
Market Pricing
Standard Deviation
Merit Increase
Hours of Work
Lead Pay Structure Policy
Green Circle Rate
Stock Option Incentive
Turnover
Midpoint Progression
Works Council
Consumer Price Index (CPI)
Restricted Stock
Range
Compensable Factors
Step Rates
Range Spread
Geographic Differential
Mode
Defined Contribution Plans
Aging Survey Data
Shift Differentials
Annual Incentive
Job Evaluation
Lag the Market
Quartile
Range Penetration
Standard Error of Estimate
Demotion
Median
General Salary Increase
Gender Pay Gap
Red Circle Rate
Coefficient of Determination
Bonus
Mean
Compa-Ratio
Internal Equity
FICA
Lead-Lag Pay Structure Policy
Year of Service
Mix
Pay Equity
Cost of Labor
Black-Scholes Model Z
Market Index
Percentile
Individual Retirement Account (IRA)
Broadbanding
Total Rewards
Pay Grade
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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.
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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
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