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