Compensation Glossary

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