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.

A B C D E F G H I J K L M N O P Q R S T U V W - Z
Ability to Pay Above Market Absolute Assignment Accelerated Life Insurance Benefits Accelerated Vesting Accidental Death and Dismemberment Accidental Death and Dismemberment (AD&D) Rider Accidental Death and Dismemberment Insurance (AD&D) Accountable Plan Accounting Principles Board (APB) Accounting Research Bulletin (ARB) Accrual Basis Accrual of Benefits Accrued Liability Accumulated Benefit Obligation (ABO) Accumulated Earnings Accumulated Earnings Tax Accumulated Funding Deficiency Accumulated Value Accumulation Option Accumulation Period Accumulation Value Acid Test Acquisition Acquisition Expenses Across-the-Board Increase Actively at Work Provision Activities of Daily Living (ADL) Actual Hours Actuarial Assumptions Actuarial Cost Method Actuarial Department Actuarial Equivalent Actuarial Valuation Actuarially Sound Actuary ADEA (Age Discrimination in Employment Act) Adjustable Life Insurance Policy Administrative Services Only (ASO) Administrator Admitted Reinsurer Advance Funding Advanced Underwriting Department Adverse Selection Affiliated Director Affordable Care Act Age Discrimination Age of Majority Age-Band Agency Agency Agreement Agency System Agent Agent of Record Agent's Statement Aggregate Funding Method(s) Aggregate Mortality Table Aging Survey Data Alcohol/Substance Abuse Services Aleatory Contract Alien Corporation Alienation of Benefits All-Causes Deductible Allocated Funding Allowance Supplemental All-Salaried Workforce Alternation Ranking Alternative Minimum Tax (AMT) American Council of Life Insurance (ACLI) American Stock Exchange (AMEX) Americans with Disabilities Act of 1990 (ADA) American-Style Option Amortization Amortization Basis Anniversary Date Anniversary Review Date Anniversary Year Annual Benefits Statements Under the Employee Retirement Income Security Act of 1974 (ERISA) Annual Bonus Annual Bonus Plans Annual Budget Annual Cash Compensation Annual Incentive Annual Information Return Annual Lease Valuation Automobiles Annual Plan Maximum Annual Renewable Term Life Insurance (ARTLI) Annual Report Form 5500 Annual Statement Annualized Increase Percent (also, Equivalent Annual Percent Increase) Annually Renewable Term (ART) Insurance Annuities and Annuity Contracts Annuity Mortality Table Anti-Selection Apparent Authority Applicant Application Apprenticeship Approval Type Temporary Insurance Agreement Arbitration Area Differential Area Wage Surveys Arithmetic Mean Assessment Method Assessor Series Asset Asset Investment Performance Asset Sale Asset Share Calculation Asset-Liability Matching Assignee Assignment Assignment Bonus Assignment Location Assignment of Benefits Assignor Association Organization Insurance Assumption Reinsurance Attained Age Attained Age Conversion Attendance Bonus Attending Physician's Statement (APS) Authorized Reinsurer Automatic Dividend Option Automatic Nonforfeiture Option Automatic Premium Loan (APL) Automatic Reinsurance Treaty Automatic Step Rate Automatic Wage Adjustment Automatic Wage Progression Automobile Benefits Average Frequency (of Salary Increases) Average Hourly Earnings Average Indexed Monthly Earnings Average Percent Increase Average Straight-Time Hourly Earnings Awards

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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