In compensation, refers to organizations that have similar characteristics such as industry, size, location, and talent.
Peer ComparisonLooking at financial measures and comparing them with others in similar occupations or similar organizations.
Payroll Deduction PlanA payment method in which the employer deducts the premium from the individual employee's paychecks and sends it to the insurer.
Planning Compensation Incentives That Maximize Workforce Engagement
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Common Compensation Terms and Formulas