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

Range

The difference between the maximum value and minimum value. In reference to a pay grade, the amount that the maximum pay exceeds the minimum pay.

Previous

Random Sampling

Next

Range Overlap

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