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