Compensation Glossary
Welcome to SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Tax Deferred Annuity (TDA)
A tax-deferred annuity (TDA), commonly referred to as a tax-sheltered annuity (TSA) plan or a 403(b) retirement plan, is a retirement savings plan available to employees of certain public education organizations, non-profit organizations, cooperative hospital service organizations and self-employed ministers. Taxes are deferred on the account until money is withdrawn.
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Median
Cost of Labor
Benchmarking
General Salary Increase
Aging Survey Data
Market Pricing
Foreign Earned Income Exclusion
Midpoint Progression
Percentile
Defined Benefit Plans
Works Council
Geographic Differential
Gender Pay Gap
Sales Compensation
Salary Structure Change
Mode
Restricted Stock
Range Penetration
Individual Retirement Account (IRA)
Salary Range
Defined Contribution Plans
Compensable Factors
Hours of Work
Cost of Living
Lump Sum Merit
Job Evaluation
Coefficient of Determination
Compa-Ratio
Benchmark Job
Market Index
Merit Increase
Lead Pay Structure Policy
Salary Grade
Standard Deviation
Shift Differentials
Mix
Pay Range Overlap
Pay Grade
Red Circle Rate
Annual Incentive
Minimum Wage
Market Based Salary Increase Budget
Internal Equity
Demotion
Linear Regression
Long-Term Incentive Plan
Mean
Year of Service
Total Rewards
Promotional Increase
Range Spread
Bonus
Consumer Price Index (CPI)
Job Family
Turnover
Quartile
Lead-Lag Pay Structure Policy
Green Circle Rate
Range
FICA
Pay Equity
Black-Scholes Model Z
Broadbanding
Stock Option Incentive
Step Rates
Lag the Market
Standard Error of Estimate
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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
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