Compensation Glossary
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Shadow Payroll
When an employee is on an international assignment it may be necessary to report income to both the home and host country. For example, earnings in the host country may also need to be reported to the home country and vice versa.
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Linear Regression
Green Circle Rate
Gender Pay Gap
Consumer Price Index (CPI)
Foreign Earned Income Exclusion
Range Penetration
Salary Grade
Shift Differentials
Defined Contribution Plans
Pay Range Overlap
Job Family
Sales Compensation
Merit Increase
Broadbanding
Total Rewards
Midpoint Progression
Year of Service
Salary Range
Standard Deviation
Aging Survey Data
Internal Equity
Works Council
Coefficient of Determination
Geographic Differential
Lead-Lag Pay Structure Policy
Cost of Living
Benchmarking
Median
Annual Incentive
Market Based Salary Increase Budget
Restricted Stock
Turnover
Defined Benefit Plans
Compensable Factors
Lag the Market
Stock Option Incentive
Compa-Ratio
Lump Sum Merit
Mode
Hours of Work
Mix
Job Evaluation
Minimum Wage
Standard Error of Estimate
General Salary Increase
Red Circle Rate
Demotion
Pay Grade
Range Spread
Percentile
Cost of Labor
FICA
Individual Retirement Account (IRA)
Step Rates
Bonus
Long-Term Incentive Plan
Black-Scholes Model Z
Range
Lead Pay Structure Policy
Salary Structure Change
Quartile
Market Pricing
Benchmark Job
Market Index
Pay Equity
Promotional Increase
Mean
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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