Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

On-Call Pay

A pre-determined amount of compensation that is provided to an employee that is willing to report to work on short notice.

Previous

Omnibus Budget Reconciliation Act of 1993

Next

One-year Level Term

POPULAR BLOGS

POPULAR BLOGS

Discover what ERI can do for you

See how our compensation management solutions can ensure your salary planning strategy is a success.

Schedule a personalized demo

WHITE PAPERS

Top Performing White Papers

Planning Global Compensation Budgets for 2027

Read More

National Compensation Forecast April 2026

Read More

Compensation Strategies for Remote Work and Organizational Culture – Fall 2025

Read More
View All White Papers