Reference

Compensation & Career Glossary

The complete reference for compensation, career growth, workforce intelligence, and financial planning terminology used across SalaryScopePro.

Compensation

Base SalaryCompensation

Fixed annual cash compensation before bonuses or equity.

Total CompensationCompensation

Base salary plus bonus, equity, and benefits.

Base plus expected variable pay if targets are hit.

Salary BandCompensation

Pay range for a given role and level.

Comp-RatioCompensation

Your salary vs. the midpoint of your pay band.

Merit IncreaseCompensation

Performance-based annual salary adjustment.

Salary adjustment tied to inflation.

Bonus TargetCompensation

Annual bonus expressed as a percentage of base.

How an employer positions pay vs. the market.

Pay GradeCompensation

Tiered structure grouping similar roles.

Step PayCompensation

Fixed pay increments tied to tenure or grade.

Salary CompressionCompensation

When new hires are paid close to or more than tenured staff.

Pay InversionCompensation

When juniors out-earn seniors due to market shifts.

Pay TransparencyCompensation

Public disclosure of salary ranges.

Salary History BanCompensation

Laws preventing employers from asking prior pay.

Annualized SalaryCompensation

Hourly or part-time pay scaled to a full year.

Shift DifferentialCompensation

Extra pay for evening, night, or weekend shifts.

Hazard PayCompensation

Premium for dangerous or high-risk work.

On-Call PayCompensation

Pay for being available outside regular hours.

Overtime PayCompensation

1.5x pay for hours above the legal threshold.

Career

Expected time between promotions for a role.

Skill ROICareer

Salary uplift delivered by a specific skill.

Payback period and salary uplift from a certification.

Score predicting C-suite advancement potential.

Lateral and diagonal career moves, not just vertical.

Senior career path without people management.

Career path leading people and teams.

Periodic evaluation of work and impact.

Formal underperformance notice with a deadline.

Project beyond current scope to accelerate growth.

Meeting with your manager's manager.

Role change without title or pay increase.

LevelingCareer

How a company maps roles to seniority tiers.

Joining a new employer at a lower title.

Major change in function or industry.

Workforce

Likelihood a role is impacted by automation or AI.

10-year projected employment change for a role.

Ratio of job openings to unemployed workers.

Quits RateWorkforce

Voluntary resignations as a share of employment.

JOLTS SurveyWorkforce

Monthly BLS report on job openings and labor turnover.

Share of working-age population working or seeking work.

Share of the labor force seeking work.

Broader US unemployment measure.

Working below your skill or hours preference.

Roles with persistent unmet demand.

AI assisting rather than replacing humans.

Wage GrowthWorkforce

Year-over-year change in worker pay.

Worker pay as a fraction of GDP.

Financial

Relative cost benchmark vs. a national baseline.

Salary adjusted for local cost of living.

Total earnings forecast over a 40-year career.

Savings RateFinancial

Percent of income saved each year.

Saving 50%+ to retire decades early.

Lean FIREFinancial

Early retirement on a minimal budget.

Fat FIREFinancial

Early retirement with a generous budget.

Coast FIREFinancial

Saved enough early that compounding finishes the job.

Barista FIREFinancial

Semi-retirement with part-time income.

4% RuleFinancial

Safe annual withdrawal rate in retirement.

3-12 months of expenses in liquid savings.

Monthly debt payments vs. gross monthly income.

Front-End DTIFinancial

Housing costs vs. monthly income.

Back-End DTIFinancial

All monthly debts vs. monthly income.

House PoorFinancial

When housing eats too much of your income.

Spending growing in lockstep with raises.

Retirement income as a fraction of pre-retirement pay.

Income cap for Social Security taxes.

Canadian cap for CPP contributions.

Real IncomeFinancial

Income adjusted for inflation.

Methodology

SalaryScope 0–100 score for lifetime earning potential.

SalaryScope 0–100 score for labor market opportunity.

0–100 score for forward-looking demand.

Percentile distribution markers for a salary range.

Why median is the honest middle.

When current pay falls meaningfully below market.

Primary US wage data source.

Primary Canadian wage data source.

Primary US labor data authority.

SOC CodeMethodology

Standard occupational classification number.

NOC CodeMethodology

Canadian National Occupational Classification.

NAICSMethodology

Industry classification system for North America.

CES SurveyMethodology

Monthly US employment establishment survey.

CPS SurveyMethodology

Monthly US household employment survey.

Canada's monthly employment survey.

Headline US wage growth metric.

Quarterly US compensation index including benefits.

Primary measure of US inflation.

Wholesale-level inflation gauge.