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Key Terms for Compensation


Compensation: a glossary of terms - The ILR School

Compensation: a glossary of terms · Annual incentives: Annual incentives are amounts paid out yearly based on performance criteria, · Benchmarking · Benefit · Bonus ...

Compensation Glossary of Terms - UNT System HR

Compensation Glossary of Terms · Additional Pay: Supplemental pay for services performed in addition to or outside the scope of an employee's regular assignment.

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 ...

Key Terms for Compensation - Lattice Help Center

A glossary of terms for Compensation. Compensation bands & job architecture. Job architecture: Framework for understanding roles and their hierarchy within a ...

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 Terms & Definitions - | Larimer County

Compensation Terms & Definitions · Annualized Salary: Adjusted income or pay for an incumbent on annual basis. · Base Pay: Fixed compensation paid to an ...

Compensation Dictionary - NFP

In an effort to provide our readers with valuable resources, we have put together this dictionary of key compensation terms that will be helpful to anyone in ...

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 ...

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 ...

Glossary of Terms - Human Resources

Benchmarks: The standards used as a basis for comparison or measurement. · Benefit Replacement Pay: A portion of salary that eligible individuals receive to ...

Glossary of Terms

The following terms are commonly used when discussing compensation terminology. ... the general nature of the work performed, key responsibilities, and ...

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 ...

Glossary of Compensation Terms - University of Colorado Boulder

Glossary of Compensation Terms · Acting Assignment · Base Pay: · Business Title: · Colorado Equal Pay for Equal Work Act (CEPEWA) · Compa-Ratio: · Compensable Factors ...

Pequity Compensation Glossary

Compensation split is the breakdown or allocation of an employee's total compensation among various components, such as base salary, bonuses, equity, and ...

Compensation: HR Terms Explained - Pelago

The most common types of compensation include wages, salaries, and commissions. Wages are typically paid hourly, and salaries are typically paid monthly or bi- ...

Key Terms for Compensation Benchmarking - Lattice Help Center

A glossary of terms for Compensation Benchmarking. Lattice's compensation benchmarking is powered by Mercer, therefore definitions may differ from Key Terms ...

Types of Compensation: Everything HR Needs to Know - AIHR

This compensation can be in the form of a salary, wage, benefits, bonuses, paid leave, pension funds, and stock options, and more.

Compensation Key Terms Flashcards - Quizlet

Concept that states that jobs using comparable skills, effort, responsibility and working conditions filled primarily by women should have same relative pay as ...

Compensation Terminology 101 - HR Daily Advisor

Compensation Terminology 101 · Blended Job vs. Hybrid Job · Call-In/Callback Pay vs. Reporting Pay · Comparable Worth vs. Equal Pay for Equal Work.

Defining Key Terms - University Human Resources

An Exempt employee must meet two criteria for Exemption:1) duties are managerial, administrative, and/or professional, and 2) the annual salary must be at least ...