Glossary

ERI Economic Research Institute is pleased to provide an expanded and updated glossary of commonly used compensation terms and formulas for your ongoing reference.

A B C D E F G H I J K L M N O P Q R S T U V W - Z

Quebec Pension Plan (QPP)

The Québec Pension Plan is a compulsory public insurance plan for workers age 18 and over. The purpose of the plan is to provide persons who work in Québec (or have previously worked in Québec) and their families with basic financial protection in the event of disability, retirement or death. The Plan's future is guaranteed, due to the passage of the Act to amend the Act respecting the Québec Pension Plan and other legislative provisions in 2011.

Quartile
Quintiles

Planning Compensation Incentives That Maximize Workforce Engagement

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Planning Global Compensation Budgets for 2024 - March Updated

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Common Compensation Terms and Formulas

  • Includes the latest updates: Compensable factors, defined benefit plan, job leveling, lead differential, shift differential and more.
  • Salary structure formulas and strategies
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