Compensation Glossary
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Debt Amounts Owed
Liabilities that are often divided into current liabilities (which are due within a year of the date entered on the balance sheet) and non-current liabilities (which are due more than a year after the date on the balance sheet).
Popular Searches
Broadbanding
Defined Contribution Plans
Annual Incentive
Promotional Increase
Defined Benefit Plans
Coefficient of Determination
Aging Survey Data
Green Circle Rate
Pay Equity
Step Rates
Standard Error of Estimate
Geographic Differential
Shift Differentials
Market Based Salary Increase Budget
Individual Retirement Account (IRA)
Range Spread
Mean
Percentile
Midpoint Progression
Salary Structure Change
Mix
Foreign Earned Income Exclusion
General Salary Increase
Sales Compensation
Lead Pay Structure Policy
Compensable Factors
Internal Equity
Cost of Labor
Benchmark Job
Compa-Ratio
Pay Range Overlap
Restricted Stock
Median
Linear Regression
Benchmarking
Range
Range Penetration
Minimum Wage
Consumer Price Index (CPI)
Salary Grade
Red Circle Rate
Year of Service
Long-Term Incentive Plan
Mode
Merit Increase
Quartile
Black-Scholes Model Z
FICA
Total Rewards
Cost of Living
Demotion
Lead-Lag Pay Structure Policy
Lump Sum Merit
Market Pricing
Standard Deviation
Stock Option Incentive
Job Family
Gender Pay Gap
Hours of Work
Pay Grade
Turnover
Market Index
Lag the Market
Job Evaluation
Works Council
Bonus
Salary Range
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