Compensation Terms Glossary
Compensation: a glossary of terms - The ILR School
Compensation encompasses what employees receive in return for their work. This can be a combination of base salary, commissions, and additional benefits or ...
Compensation Glossary of Terms - UNT System HR
Compa-Ratio: A comparison ratio that represents the correlation between base pay and the midpoint of the salary range assigned to the job. The compa-ratio is ...
Compensation and benefits 101: a glossary of terms - Ravio
We've put together this glossary of terms commonly used in the world of compensation and benefits as a reference point for those moments of confusion.
HMS Glossary of Key Compensation Terms - Harvard Medical School
HMS Glossary of Key Compensation Terms. Benchmark Job: A benchmark job is a job whose duties are well understood and for which market pay information is ...
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 ...
Benchmark jobs have well-known and stable contents. C. Compa Ratio—The ratio between current pay to the salary range midpoint assigned to the job. A ...
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 ...
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 ...
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: ...
Compensation Terms & Definitions - | Larimer County
A formal process for reviewing the wages of incumbents in a single job title based on a standard set of criteria, such as years of experience, performance ...
We have put together this dictionary of key compensation terms that will be helpful to anyone in the compensation field.
Glossary of Compensation Terms - University of Colorado Boulder
Compensable factors are used to evaluate jobs and develop a job worth hierarchy to provide fairness and equity throughout an organization.
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 ...
Wages typically refer to the monetary compensation or payment that an employer provides to an employee in exchange for their labor or services. Wages are often ...
Glossary of Compensation Terms
A system of insurance required by State law and financed by employers which provides payment to workers or their families for occupational illness, injuries, ...
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 ...
Common Compensation Terminology | Human Resources - UCCS HR
Common Compensation Terminology ; Base Pay, Ongoing budgeted salary for a position ; Compensation Structural Adjustments, Structural pay range adjustments occur ...
GLOSSARY OF WORKERS' COMPENSATION TERMS - Keenan
GLOSSARY OF WORKERS' COMPENSATION TERMS. Accepted Claim: A claim in which the insurance company agrees your injury or.
Compensation Dictionary - Payscale
Step-by-step guide to salary benchmarking and setting salary ranges. Learn how to select your data sources, determine pay grades, handle range-busters, ...
National Compensation Survey: Glossary of Employee Benefit Terms
This glossary is annually updated to reflect changes in the National Compensation Survey. Information is applicable to estimates published as of this glossary' ...