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

Accrual of Benefits

In pension (defined benefit) plans, it is the accumulation and counting of pension credits for years of experience, age, and earnings. In profit sharing plans (defined contribution), it is the vesting of funds accumulated in personal accounts.
Previous

Accrual Basis

Next

Accrued Liability

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

National Compensation Forecast April 2026

Read More

Compensation Strategies for Remote Work and Organizational Culture – Fall 2025

Read More

Planning Global Compensation Budgets for 2026 - January 2026

Read More
View All White Papers