Compensation Glossary

Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Single-Premium Method

This is an insurance premium payment arrangement for plans that are contributory in nature, where at the moment that the loan is granted, all the premium that will be due for the insurance is paid, up front / in a lump sum by the borrower or added to the principal amount of the loan. May be contrasted with monthly outstanding balance method.
Single Premium Immediate Lifetime Annuity (SPIA)
Single-Rate Pay System

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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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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