A COMPILATION OF KEY COMPENSATION TERMS
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 the compensation field. Here you will find all the terms you need to know to have a good grasp on the language of compensation.
The Compensation Dictionary is also available as a PDF.
There are currently 2 names in this directory beginning with the letter #.
Submit a name
Outlines the rules of the “golden parachute” payments/benefits from a company to certainexecutives when there is a “change in control,” and it imposes special tax penalties on employerby stating no deduction shall be allowed for any excess parachute payment.
Regulation which applies to compensation that workers earn in one year but is not paid until afuture year, which is referred to as non-qualified deferred compensation.