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

Years of Experience

The total number of years an employee (at one company or at multiple companies) has spent acquiring skills in a particular field of knowledge. Presumably this experience has resulted in superior understanding or mastery of the subject. This is important in regard to salaries tied to expertise.
Previous

Year's Maximum Pensionable Earnings (YMPE)

Next

YRT (Yearly Renewable Term Insurance)

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 July 2026

Read More

Global Minimum Wage Trends – July 2026

Read More

Planning Global Compensation Budgets for 2027

Read More
View All White Papers