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

Lock Box Banking

Premium payments are received at a post office box. The insurer allows the bank to have access to the post office box. The bank opens all the mail, and deposits the premium. The bank sends receipts of all transactions to the insurer.

Previous

Location Selling Distribution System

Next

Log In / Log On

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