Compensation Glossary
Welcome to ERI SalaryExpert's compensation glossary, your resource for commonly used terms, formulas, and phrases related to compensation.
Virtual Private Network (VPN)
A virtual private network (VPN) is created by establishing a virtual point-to-point connection through the use of dedicated connections or traffic encryption. It extends a private network across a public network, such as the Internet. VPN allows users to send and receive data across shared networks as if their computing devices were directly connected to a private network, the benefit being that of the functionality, security and management policies of a private network. VPNs allow employees to securely access the corporate intranet while travelling away from the office. Similarly, VPNs securely connect geographically separated offices of organizations, creating one cohesive network.
Popular Searches
Market Pricing
Works Council
Percentile
Defined Contribution Plans
Market Based Salary Increase Budget
Merit Increase
Aging Survey Data
Job Family
Year of Service
Job Evaluation
Pay Range Overlap
Restricted Stock
Pay Grade
Market Index
Coefficient of Determination
Pay Equity
Lead-Lag Pay Structure Policy
Defined Benefit Plans
Compensable Factors
Standard Deviation
Stock Option Incentive
Mix
Salary Grade
Total Rewards
Cost of Living
Salary Structure Change
Black-Scholes Model Z
Median
Range Penetration
Sales Compensation
Benchmarking
Shift Differentials
Green Circle Rate
Standard Error of Estimate
Individual Retirement Account (IRA)
Compa-Ratio
Bonus
Long-Term Incentive Plan
Linear Regression
Consumer Price Index (CPI)
Broadbanding
Hours of Work
Quartile
Salary Range
Step Rates
Turnover
Range Spread
Lump Sum Merit
Mode
Mean
Gender Pay Gap
Cost of Labor
Demotion
Range
Minimum Wage
General Salary Increase
FICA
Benchmark Job
Foreign Earned Income Exclusion
Lead Pay Structure Policy
Geographic Differential
Midpoint Progression
Lag the Market
Annual Incentive
Promotional Increase
Red Circle Rate
Internal Equity
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