Terms You Should Know

This is an alphabetical glossary of terms that you may encounter while browsing this website.

ACS accounts
ACS accounts are available to all faculty, staff, and students. The Academic Computing System (ACS) provides the University's central e-mail services, general access to UNIX computing, website hosting, and a broad range of software, including mathematical, statistical, and scientific software; programming languages; and text processing and graphics packages.
Annual Salary
The total base salary paid to an individual during a given year. For hourly employees, this equals the hourly rate times total hours worked. For salaried employees, the annual salary is negotiated ahead of time and does not change based on number of hours worked.
Annualized Salary
The total annual pay that a position would receive were it full time. This is usually based on the full time equivalent hours for the specific business unit or organization and equates to pay per pay period times number of pay periods in a calendar year.
Base Salary
The salary an employee receives before any extra compensation or incentives are included.
Branding
Branding is the process of identifying and differentiating an organization’s products, processes, or services from another organization by giving it a name, phrase, or other mark.
BUMC
BUMC (Medical Campus — Boston University Medical Campus) is located in Boston’s South End, and comprises the Boston University School of Public Health, the Goldman School of Dental Medicine, the Boston University School of Medicine, including the Division of Graduate Medical Sciences, and the Boston Medical Center.
Career Path
The progression of jobs in an organization’s specific occupational fields (within a job family/sub family) ranked from lowest to highest in the hierarchical structure.
casual employee
Casual employee is terminology previously used to refer to a temporary employee. A temporary employee is an employee who is hired directly and paid by Boston University, but cannot be employed for more than nine months.
Charles River Campus
Charles River Campus (CRC) is Boston University’s 133 acre, 1.8-mile-long primary campus which stretches along Commonwealth Avenue in Boston. The urban campus is home to 14 of the University’s 17 undergraduate and graduate schools and colleges, and encompasses classrooms, lecture halls, libraries, laboratories, social and recreational centers, and administrative offices. It also comprises student residences ranging from historic brownstones to high-rise apartment towers, as well as the John Hancock Student Village, which includes the Agganis Arena and Fitness
COBRA
COBRA: the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA) requires most employers sponsoring health plans to offer employees and their families the opportunity for a temporary extension of health care and union Employee Benefit Fund coverage called “continuing coverage” at group rates in certain instances where coverage under the program would otherwise end.
coinsurance
Coinsurance is the percentage of covered expenses paid by you each year after you meet your deductible (20% coinsurance means that you pay 20% of the expenses).
Compa-Ratio
The ratio between the position’s current annualized salary and the midpoint for the grade in which the position’s corresponding job is located (Ex: Grade X Mipdoint = $50,000 and Employee Y in Grade X is paid $45,000; Compa-Ratio is equal to $45,000/$50,000=90%)
Compensation Philosophy
A document which describes the comparator market peer group of organizations or types of organization that the university will compare itself to for the purposes of market pricing jobs. This document also contains the percentile (25th, 50th, 75th) that the university will target to pay for each type and level of a job.
confidentiality agreement
Confidentiality agreement is an agreement restricting an employee from disclosing confidential or proprietary information.
conflict of interest
Conflict of interest is a conflict between the private interests and the official or professional responsibilities of a person in a position
copayment
Copayment is the dollar amount you pay to a network (or HMO) physician, pharmacy, or emergency room or other service provider at the time a service is rendered.
CORI
CORI: Criminal Offender Record Information (CORI) is a database that contains a comprehensive account of all arraignments and convictions on criminal charges in the Commonwealth of Massachusetts.
covered expenses
Covered expenses are those the plan will pay for, either partially or in full. The amount a carrier will cover may be limited by the reasonable and customary amounts determined for providers and services in your geographic area.
Criminal Offender Record Information
(CORI) is a database that contains a comprehensive account of all arraignments and convictions on criminal charges in the Commonwealth of Massachusetts.