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

Room and Board

To receive room and board benefits tax free, the employee must: (1) be on temporary assignment, (2) be at a work site too far away to return home nightly, (3) be on an assignment for more than 36 hours, (4) have a permanent residence elsewhere, and (5) this residence must be available for his/her use.

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Rotational Assignment (International)

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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