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

Graded Premium Whole Life Insurance

A form of modified life insurance that provides for annual increases in premiums for a constant face amount of insurance during a defined preliminary period, with the purpose of making initial payments more affordable.

Previous

Government-Mandated Benefits

Next

Graded Vesting

POPULAR BLOGS

POPULAR BLOGS

The Top Machine Learning Skills in Demand in 2026

Read More

Emerging AI Skills in Demand in 2026

Read More

United States and Canada Minimum Wage Updates - July 2026

Read More

View All Blogs

Explore Compensation Solutions

Pay Equity

Salary Survey Management

Shift Differentials

View All Solutions

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

Popular Searches

Deposit Administration Contract Hiring Rate Log In / Log On Mortality Experience Cost of Living Allowance (COLA) Personal Producing General Agency (PPGA) System Level of Work Standard Hour Plan Non-Duplication of Benefits Scope Data

Featured White Paper

Common Compensation Terms and Formulas - January 2026

Includes the latest updates: Compensable factors, defined benefit plan, job leveling, lead differential, shift differential and more.
Salary structure formulas and strategies

Download Now