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

Premium Reduction Option

A life insurance policy dividend option that applies policy dividends toward the payment of renewal premiums.

Previous

Premium Receipt

Next

Pre-Notice

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