Glossary:Compensation of employees
Gross Earnings/Gross Pay: Summation of total regular earnings and total overtime earnings and total other compensation, also known as gross pay. This is the ...
Compensation Glossary of Terms | Human Resources | RIT
Annual Base Pay is a regular employee's pay for their primary work assignment excluding any supplemental pay.
Employee Compensation | Overview, Types & Examples - Lesson
The employee compensation definition is any money or benefits paid to an employee in exchange for work. From the employee's standpoint, compensation is ...
Glossary of Human Resources (HR) and Employee Benefit Terms
Benefits are a form of compensation paid by employers to employees over and above the amount of pay specified as a base salary or hourly rate of pay.
What is compensation management? - HiBob
Compensation managers aim to attract, retain, and engage employees by offering broad and competitive compensation plans within the company budget. Compensation ...
Total compensation: What it is & why it's important - Oyster HR
Total compensation, or an employee's compensation package, refers to the comprehensive strategy for valuing all forms of employee remuneration from the ...
What Is Compensation? - Patriot Software
Compensation is more than an employee's regular paid wages. It also includes many other types of wages and benefits. what is compensation?
What is Compensation in the workplace? - Connecteam
Compensation is the total remuneration an employee receives in exchange for their work. The term refers to an employee's base salary, as well as any additional ...
Compensation Glossary - ZotPortal
Supervisor – An employee who customarily and regularly directs the work of two or more career/contract employees within a unit or department. Supervisors have ...
Workers' Compensation Terms Glossary | EMPLOYERS Insurance
There are many different acronyms used in workers' compensation insurance policies and laws. Below we spell out and define some of the most common terms.
Compensation Terminology 101 - HR Daily Advisor
Compensation Terminology 101 · Blended Job vs. Hybrid Job · Call-In/Callback Pay vs. Reporting Pay · Comparable Worth vs. Equal Pay for Equal Work.
Glossary of Workers' Compensation Terminology - Dyer Law
We've compiled a glossary of commonly used words and phrases to reference while navigating your workers' comp case.
Employee Compensation: Everything Employers Need to Know
Employee compensation refers to the combination of salary and wages, benefits, bonuses, and any additional perks employees receive for performing their job.
EMPLOYEE COMPENSATION definition - Cambridge Dictionary
EMPLOYEE COMPENSATION meaning: 1. the total cost of an employee or employees, including what they are paid and the cost of any…. Learn more.
Compensation: Definition, Types, and Importance in the Workplace
Compensation encompasses the total monetary and non-monetary rewards provided to employees by an employer in return for work performed. This includes everything ...
Salary Terms every Compensation Manager Needs to Know
4) PAY TRANSPARENCY. Definition: The level of information that is shared with employees regarding the company's compensation plan. Why it ...
Compensation of employees - ESCWA
Definition: Compensation of employees is the total remuneration, in cash or in kind, payable by an enterprise to an employee in return for work done by ...
Glossary of Compensation Terms. Base Pay—Fixed compensation paid ... Stipend—A fixed amount added to base pay to compensate employees for extra duties or.
Types of Compensation: Everything HR Needs to Know - AIHR
In return, the employee will provide their time, labor, and skills. This compensation can be in the form of a salary, wage, benefits, bonuses, paid leave, ...
Glossary of Key Terms in Workers' Compensation
Workers' compensation is a form of insurance that provides wage replacement and medical benefits to employees who suffer work-related injuries or illnesses. It ...