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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501(C)(9) Plans

A U.S. Internal Revenue Code Section that refers to self-insured funds (also called Voluntary Employee Benefit Plans). This is a trust that many self-insured organizations establish to fund their organization's insurance plans. Contributions to a 501(c)(9) trust are deductible for federal income tax purposes, as are all investment gains made on funds in the trust.

5 Percent Employee Owner
83(b) Election

Planning Compensation Incentives That Maximize Workforce Engagement

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Planning Global Compensation Budgets for 2024 - March Updated

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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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