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

Per Cause Maximum

A medical expense policy maximum amount that will be paid for medical expenses incurred from any specific injury or illness.

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Per Cause Deductible

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Per Diem

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Standard Hour Plan Payout Frequency Class Beneficiary Designation Certificate of Assumption Personal Producing General Agency (PPGA) System Deposit Administration Contract Merit Budget Continuous-Premium Whole Life Insurance Compa-Ratio Performance Unit Plan (PUP)

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Common Compensation Terms and Formulas - January 2026

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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