Compensation Glossary
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Safe Harbor
Safe harbors are regulations or provisions of a statute that specify that certain conduct will be deemed not to violate a given rule. It is usually found in connection with a more vague, overall standard. It is meant to reduce or eliminate liability as long as good faith has been demonstrated.
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Geographic Differential
Total Rewards
Internal Equity
Defined Benefit Plans
Lag the Market
Market Index
Job Evaluation
Turnover
Demotion
Sales Compensation
Annual Incentive
Lead-Lag Pay Structure Policy
Compa-Ratio
Linear Regression
Minimum Wage
Median
Mean
Gender Pay Gap
Stock Option Incentive
Step Rates
Foreign Earned Income Exclusion
Mode
Salary Grade
Compensable Factors
Lead Pay Structure Policy
Works Council
Market Based Salary Increase Budget
Broadbanding
Mix
Hours of Work
Long-Term Incentive Plan
Salary Structure Change
Aging Survey Data
Market Pricing
Pay Range Overlap
Percentile
General Salary Increase
Individual Retirement Account (IRA)
Quartile
Range Spread
Coefficient of Determination
Defined Contribution Plans
Merit Increase
Pay Grade
Salary Range
Standard Deviation
Range
Bonus
Red Circle Rate
Job Family
Range Penetration
Cost of Labor
Green Circle Rate
Midpoint Progression
Shift Differentials
Benchmark Job
Lump Sum Merit
Year of Service
Black-Scholes Model Z
Restricted Stock
Promotional Increase
Pay Equity
Cost of Living
Consumer Price Index (CPI)
Benchmarking
Standard Error of Estimate
FICA
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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.
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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
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