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Compensation Glossary


Business & Compensation Glossary - ERI Economic Research Institute

Learn and build your knowledge of important compensation and business terms quickly at a glance. Check out ERI's Business and Compensation Glossary.

Workers' Compensation Glossary

For an injury to be covered by workers' compensation in Florida, it must meet the requirement of “arising out of employment.” Therefore, the injured party must ...

Sales Compensation Glossary | Spiff

Welcome to Spiff's Sales Compensation Glossary– your new go-to resource for all things related to sales commission and incentive compensation.

Glossary Terms Archive - Yablonski, Costello & Leckie PC

the amount of compensation benefits paid to an injured worker. The compensation rate is based on the injured workers' average weekly wage.

Glossary of Workers' Compensation Terminology - Dyer Law

We've compiled a glossary of commonly used words and phrases to reference while navigating your workers' comp case.

Glossary of Key Terms in Workers' Compensation

Workers' compensation is a form of insurance that provides wage replacement and medical benefits to employees who suffer work-related injuries or illnesses. It ...

Glossary of Terms - Uliase & Uliase

Compensation – includes the money allowance payable to an employee or his dependents and any other benefits paid for from the Employees' Compensation Fund.

Compensation Plan - HR Glossary - Veremark

A compensation plan is a detailed outline of the financial and non-financial rewards given to employees in exchange for their work, expertise, and dedication.

Virtual University | Workers' Compensation Glossary - IIABA

127 South Peyton Street Alexandria VA 22314 phone: 800.221.7917 fax: 703.683.7556 email: [email protected]

Workers' Compensation Glossary | The Bollinger Law Firm, PC |

Compensation Rate (“CR”) – This amount is exactly 2/3 of the number that represents the “AWW” as defined above. The Compensation Rate is the amount an injured ...

Glossary of Compensation Terms

Glossary of Compensation Terms. Base Pay—Fixed compensation paid for performing standard job duties. Base pay is usually expressed in annual, monthly, or ...

GLOSSARY OF TERMS - Bowling Green State University

Exempt Employee – An employee who is exempt under the Fair Labor Standards Act, must be paid on a salary basis and does not have to be paid overtime when they ...

Glossary & Education Articles | Towson University

Compensation: A program to determine fair and equitable pay and benefits which considers job factors such as market value, recruitment difficulties, scope and ...

Glossary - CLEAR - U.S. Department of Labor

Payment might be calculated in terms of a salary, commission, hourly wage rate, or piece rate basis, and people might receive payments on various schedules ...

PEO - Workers' Compensation and Work Comp Glossary of Terms

A hybrid PEO arrangement where the employers maintains their own work comp policy and does not obtain coverage through the PEO work comp master policy.

Workers' Compensation Terms Glossary | EMPLOYERS Insurance

There are many different acronyms used in workers' compensation insurance policies and laws. Below we spell out and define some of the most common terms.

Types of Compensation: Everything HR Needs to Know - AIHR

HR GlossaryExpand your knowledge of HR terms & definitions · Resources ... compensation into two different columns: direct compensation and indirect compensation.

VWC Glossary of Terms | Virginia Workers' Compensation ...

Compensable Claim: A claim in which the Claim Administrator and/or Insurance Carrier agrees or the Commission finds that an injury or occupational disease arose ...

Workers' Compensation Glossary of Terms

Permanent Partial Disability (PPD) — Benefits which employees may be entitled to if they have sustained a permanent disability to certain body parts. Benefits ...

Compensation Terminology 101 - HR Daily Advisor

The relationship of base pay to the market, expressed as a percentage of the midpoint of the salary range, is the compa-ratio. To determine ...


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