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