Glossary

ERI Economic Research Institute is pleased to provide an expanded and updated glossary of commonly used compensation terms and formulas for your ongoing reference.

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Equity

Several definitions: 1) In legal terms, equity came about as a means or righting wrongs not recognized / or provided for under the British Common Law. (2) The word equity is often used to describe ownership in stock or other forms of securities. (3) In terms of accounting, equity may be used to describe the percentage by which a company's assets exceed the company's liabilities. (4) Also, in terms of accounting, equity is used to describe investments of business owners in a business.

Equitable Assignment
Equity Allocation

Planning Compensation Incentives That Maximize Workforce Engagement

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Common Compensation Terms and Formulas

  • Includes the latest updates: Compensable factors, defined benefit plan, job leveling, lead differential, shift differential and more.
  • Salary structure formulas and strategies
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