Compensation Glossary
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
SEC
The SEC (the U.S. Securities And Exchange Commission) is the principal federal regulatory agency, which regulates the securities industry. The main function of the SEC is to promote full disclosure and it exists to protect investors, in the securities market, against practices that are fraudulent or manipulative. SEC enforces several acts, including but not limited to the Securities Act of 1933, the Securities Exchange Act of 1934, the Trust Indenture Act of 1939, the Investment Company Act of 1940 and the Investment Advisers Act.
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Range Penetration
Mode
Percentile
Gender Pay Gap
Hours of Work
Minimum Wage
Green Circle Rate
Lead Pay Structure Policy
Defined Contribution Plans
Year of Service
Salary Range
Compa-Ratio
Works Council
Cost of Living
Range
Lead-Lag Pay Structure Policy
Red Circle Rate
Aging Survey Data
Bonus
Range Spread
Black-Scholes Model Z
Benchmarking
Merit Increase
Stock Option Incentive
Median
Mean
Benchmark Job
Pay Range Overlap
Market Index
Long-Term Incentive Plan
Job Family
Coefficient of Determination
Job Evaluation
Defined Benefit Plans
Promotional Increase
Shift Differentials
Compensable Factors
Pay Equity
Consumer Price Index (CPI)
Lump Sum Merit
Pay Grade
Salary Structure Change
Quartile
General Salary Increase
Restricted Stock
Individual Retirement Account (IRA)
Annual Incentive
Sales Compensation
Turnover
Cost of Labor
Market Pricing
Internal Equity
Geographic Differential
Broadbanding
Lag the Market
Foreign Earned Income Exclusion
Demotion
FICA
Standard Deviation
Standard Error of Estimate
Salary Grade
Midpoint Progression
Mix
Linear Regression
Total Rewards
Market Based Salary Increase Budget
Step Rates
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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