Compensation Glossary
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Interpleader
The procedure when two parties are involved in a lawsuit over the right to collect a debt from a third party, who admits the money is owed but does not know which person to pay. The debtor deposits the funds with the court ('interpleads'), asks the court to dismiss him/her/it from the lawsuit and lets the claimants fight over it in court.
Popular Searches
Job Family
Lead Pay Structure Policy
Mix
Pay Equity
Defined Benefit Plans
Market Based Salary Increase Budget
Lag the Market
Turnover
FICA
Range
Merit Increase
Geographic Differential
Pay Grade
Linear Regression
Market Pricing
Benchmarking
Salary Range
Green Circle Rate
Total Rewards
Cost of Labor
Benchmark Job
Mean
Compensable Factors
Black-Scholes Model Z
Salary Structure Change
Midpoint Progression
Range Penetration
Market Index
General Salary Increase
Range Spread
Mode
Sales Compensation
Lead-Lag Pay Structure Policy
Step Rates
Aging Survey Data
Standard Deviation
Hours of Work
Gender Pay Gap
Promotional Increase
Shift Differentials
Defined Contribution Plans
Broadbanding
Year of Service
Pay Range Overlap
Standard Error of Estimate
Minimum Wage
Bonus
Internal Equity
Percentile
Demotion
Salary Grade
Median
Lump Sum Merit
Consumer Price Index (CPI)
Stock Option Incentive
Coefficient of Determination
Long-Term Incentive Plan
Restricted Stock
Compa-Ratio
Job Evaluation
Foreign Earned Income Exclusion
Individual Retirement Account (IRA)
Quartile
Annual Incentive
Cost of Living
Works Council
Red Circle Rate
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