Compensation Glossary
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Plan Advisor
A person that the plan trustees might delegate their tasks to. The plan advisor has fiduciary responsibilities, including buying, selling and managing plan assets. The plan advisor must put in writing that he or she is the plan fiduciary. The plan advisor must also be a registered investment advisor.
Popular Searches
Salary Structure Change
Salary Range
Stock Option Incentive
Linear Regression
Benchmarking
Individual Retirement Account (IRA)
Cost of Labor
Broadbanding
Demotion
Sales Compensation
Salary Grade
Total Rewards
Hours of Work
Market Pricing
Annual Incentive
Black-Scholes Model Z
Defined Contribution Plans
Benchmark Job
Promotional Increase
Bonus
Range
Quartile
Job Family
Internal Equity
Market Based Salary Increase Budget
Pay Grade
Job Evaluation
Step Rates
General Salary Increase
Restricted Stock
FICA
Lead Pay Structure Policy
Defined Benefit Plans
Mode
Lead-Lag Pay Structure Policy
Coefficient of Determination
Year of Service
Consumer Price Index (CPI)
Merit Increase
Turnover
Lump Sum Merit
Percentile
Median
Mean
Compensable Factors
Compa-Ratio
Range Penetration
Foreign Earned Income Exclusion
Works Council
Green Circle Rate
Market Index
Cost of Living
Pay Equity
Pay Range Overlap
Range Spread
Aging Survey Data
Geographic Differential
Lag the Market
Midpoint Progression
Shift Differentials
Long-Term Incentive Plan
Standard Deviation
Gender Pay Gap
Minimum Wage
Red Circle Rate
Mix
Standard Error of Estimate
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