Compensation Glossary
Welcome to SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
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Consumer Price Index (CPI)
Mode
Range Spread
Percentile
General Salary Increase
Black-Scholes Model Z
Year of Service
Compensable Factors
Lead Pay Structure Policy
Restricted Stock
Linear Regression
Broadbanding
Demotion
Long-Term Incentive Plan
Lead-Lag Pay Structure Policy
FICA
Internal Equity
Standard Error of Estimate
Pay Grade
Salary Grade
Mean
Step Rates
Salary Structure Change
Defined Benefit Plans
Mix
Shift Differentials
Quartile
Lump Sum Merit
Promotional Increase
Median
Stock Option Incentive
Hours of Work
Market Based Salary Increase Budget
Minimum Wage
Range
Midpoint Progression
Cost of Labor
Job Evaluation
Aging Survey Data
Standard Deviation
Pay Equity
Total Rewards
Geographic Differential
Benchmark Job
Merit Increase
Coefficient of Determination
Individual Retirement Account (IRA)
Benchmarking
Market Pricing
Green Circle Rate
Market Index
Job Family
Red Circle Rate
Compa-Ratio
Range Penetration
Works Council
Lag the Market
Annual Incentive
Salary Range
Foreign Earned Income Exclusion
Cost of Living
Gender Pay Gap
Defined Contribution Plans
Pay Range Overlap
Sales Compensation
Bonus
Turnover
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Common Compensation Terms and Formulas - January 2026
Find commonly used compensation terms and formulas for your reference when planning compensation.
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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