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

Waiver of Coverage

Relinquishing the right to a benefit, especially in regard to health benefits, flexible benefits or early retirement window plans.

Previous

Wage Survey

Next

Waiver of Premium (WP) for Disability Benefit

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

Level Cutters Headquarters Country Single-Rate Pay System Mortality Experience Dues and Membership Fees Balance Sheet Approach Continuous-Premium Whole Life Insurance Completion Bonus Log In / Log On Job Descriptions

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