Compensation Management Glossary
Compensation: a glossary of terms - The ILR School
Compensation: Financial remuneration provided to a person for their services. In professional settings, compensation encompasses what employees receive in ...
Compensation Glossary of Terms - UNT System HR
Compensation: All forms of financial returns, tangible services and benefits employees receive as part of an employment relationship. Counter Offer: An offer to ...
Compensation and benefits 101: a glossary of terms - Ravio
Compensation. Any payment given by employers to employees during their time of employment, in return for their time and work. It primarily ...
Compensation Glossary | Ohio University
Compensation Glossary · Backfilling. Where an employee is assigned to a new job and his/her position is filled by another employee · Base Pay. The rate paid by ...
Glossary of Terms :: Human Resources | The University of New Mexico
Compensation: All forms of financial returns, tangible services, and benefits employees receive as part of an employment relationship. A methodical approach to ...
HMS Glossary of Key Compensation Terms - Harvard Medical School
employees in other salary grades. Compensation Philosophy: A set of principles that guide the design and administration of a compensation system that ...
Compensation Management Glossary
The fixed salary or hourly wage an employee earns before any bonuses, benefits, or other compensation is added. ... A job role with standardized duties that is ...
Glossary of Terms - Human Resources
Compensation: All forms of financial returns and tangible services and benefits employees receive as part of an employment relationship. Compression: Having ...
Key Terms for Compensation - Lattice Help Center
Key Terms for Compensation · Variable pay: Cash compensation that is earned upon the completion of a specific task and/or meeting a goal or quota. · Base pay: The ...
The process of managing sales incentive compensation, including planning and modeling of plans, integrating the needed data sources, managing ...
Compensation Glossary - BetterComp
Equity Compensation: This is a form of pay that gives employees an opportunity to have a stake in the company. This is given alternatively or in addition to ...
The following terms are commonly used when discussing compensation terminology. ... Performance Management—A managerial process which consists of planning.
Glossary of Compensation Terms - University of Colorado Boulder
Base Pay: The part of compensation that serves as the foundation upon which other variable pay elements, such as overtime, shift differential, or temporary pay, ...
Compensation split is the breakdown or allocation of an employee's total compensation among various components, such as base salary, bonuses, equity, and ...
Compensation Glossary - Kansas State University
Compensation Glossary ; Overtime, Pay for working more than 40 hours in a week, this is paid at one and one-half times the employee's regular rate of pay. ; Pay ...
When uniform salary increases are granted within prescribed guidelines, usually by legislative enactment, without regard to individual merit of employees.
Glossary of Compensation Terms
Compensation (See Earnings.) The monetary value assigned to an employee in return for work performed that may include: base pay, overtime pay, ...
Compensation Glossary - OpenComp
Compensation: Compensation is what an employer pays an employee to do a job. A compensation package for an employee includes base salary, variable salary ( ...
An amount of money paid to an employee in addition to their base pay as a reward for performance. BONUS TARGET. A percentage of base salary that an executive is ...
National Compensation Survey: Glossary of Employee Benefit Terms
Participation in a benefit plan: Employees in contributory plans are considered participants in an insurance or retirement plan if they have ...