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