Glossary

Ultimate Compensation Glossary

Download the glossary

You agree Wellhub may use the information to contact you regarding relevant products and services. Questions? See our Privacy Policy

About the Checklist

Feeling overwhelmed by the maze of compensation terms and strategies? You're not alone. From calculating compa-ratios to designing equity packages, compensation management can feel like learning a new language. Our comprehensive compensation guide cuts through the complexity, giving you the knowledge and confidence to build competitive, fair compensation packages that keep your best talent engaged while protecting your bottom line. You'll learn:

  • Everything that goes into base pay, such as navigating salary ranges with confidence
  • The ins and outs of benefits and total rewards strategies 
  • Essential frameworks for variable pay and equity compensation
  • Proven strategies to promote pay equity and transparency
  • Latest trends in flexible compensation and skill-based pay models
 Whether you're new to HR or a seasoned professional, this guide will become your go-to resource for making informed compensation decisions that drive business success.