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

Fiscal Year

A 12-month period used by an organization as the accounting period. Can begin on any date. Is used as the time frame for financial reporting, preparation of profit and loss statements, etc.

Previous

First Year Commission

Next

Fiscal Year Budget (FYB)

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