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

Pay Grade

The salary level assigned to a job through a job evaluation system.
Previous

Pay for Performance Plan

Next

Pay in Lieu of Notice (PILON)

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