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 Policy

A pay policy considers three market conditions: the availability of top talent, market competition for that talent, and the clout of the company to attract and recruit the most qualified employees. The company’s pay policy then sets salary guidelines to reflect the company’s goals and values.
Previous

Pay Plan

Next

Pay Policy Line

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