Compensation Glossary

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