COMPENSATION PACKAGE definition in American English
Compensation and benefits 101: a glossary of terms - Ravio
Also known as pay package. The overall value a company offers an employee for their work, including salary as well as any variable compensation ...
compensation noun - Oxford Learner's Dictionaries
2[uncountable] payment such as wages or a salary that a person receives for working at a job The company's executives receive a compensation package that ...
What goes into a compensation package: a comprehensive guide
Basic salary; Bonuses; Health benefits; Retirement plans; Stock options; Paid time-off. The design and management of compensation packages ...
The bonus value earned with respect to Company's management incentive plan, assumingcontinued employment through the performance period. BASE PAY OR BASE SALARY.
What Does Compensation Mean? Definition & Examples - Sage
In the workplace, compensation is what is earned by employees. It includes salary or wages in addition to commission and any incentives or perks that come with ...
How To Calculate Total Compensation for Employees - Paychex
Each employee should receive a total compensation package that aligns with the policies and guidance in the compensation plan. The ...
Financial Dictionary - Compensation Package - ffreedom app
Sum of direct benefits (such as salary, allowances, bonus, commission) and indirect benefits (such as insurance, pension plans, vacations) that an employee ...
COMPENSATION Definition & Meaning | Dictionary.com
Compensation definition: the act or state ofcompensating, as by ... American British. compensation. [ kom-puhn-sey-shuhn ]. Phonetic (Standard) IPA ...
Compensation Definition & Meaning - Merriam-Webster
The meaning of COMPENSATION is the act of compensating : the state of being compensated. How to use compensation in a sentence.
What is another word for "compensation package"? - WordHippo
What is another word for compensation package? ; appanage · consideration ; freebie · benefits ; compensation · perks ; solatium · allowance ; additional benefit ...
What Are Compensation and Benefits? (Definition, Examples) | Built In
Compensation, or a compensation package, can also act as an umbrella phrase that includes salary, bonuses, healthcare plans and a variety of ...
compensation - WordReference.com Dictionary of English
compensation · money given to make up for a loss, damage, etc.; damages:workers' compensation. · salary. · an action, adjustment, or counterbalancing that makes up ...
Employee Compensation: Everything Employers Need to Know
What Is Employee Compensation & How Do Compensation Packages Work? ... Employee compensation is about much more than the money you pay directly to ...
What Is Severance Pay? Definition and Why It's Offered - Investopedia
Severance pay is the compensation and/or benefits an employer provides to an employee after employment is over. Severance packages may include extended ...
Compensation Plan | Meaning and Definition - Zimyo
A compensation plan is a document that lays out an employee's payment terms and conditions. This includes their salary, wages, commissions, bonuses, and other ...
Definition of 'Compensation & Benefits' - Human Resources Dictionary
Compensation is payment to an employee in exchange for their work in the organization. The most common forms of compensation are wages, salaries, and even tips.
Compensate Definition & Meaning - Merriam-Webster
pay, compensate, remunerate, satisfy, reimburse, indemnify, repay, recompense mean to give money or its equivalent in return for something. pay ...
Compensation and benefits - Wikipedia
Employee benefits refer to the extra advantages offered to employees in addition to their salary. These consist of packages provided by the employer to enhance ...
5 Factors to Consider When Evaluating a Compensation Package
A total compensation package includes a worker's salary, supplemental pay, and benefits like medical insurance and paid leave. Companies that ...
Why do Americans call 'salary' 'compensation', when to a Brit that is ...
1600; meaning "amends for loss or damages" is from 1804; meaning "salary, wages" is attested from 1787, American English. The psychological ...