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What Does Compensation Mean? Definition


Define Compensation: An Employer's Guide - Hourly, Inc.

Compensation includes cash payment (like an employee's base salary or overtime pay) as well as non-cash payments (like the employer contributions you make to an ...

Compensation - APA Dictionary of Psychology

Compensation may be a conscious or unconscious process. In his classical psychoanalytic theory, Sigmund Freud described compensation as a ...

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 ...

How do you understand the word “compensation”? - Quora

The word “compensation” has one meaning in the business world and among accountants, lawyers and human resource professionals and another ...

Compensation Definition: 29k Samples - Law Insider

Define Compensation. means all base straight time gross earnings and commissions, but exclusive of payments for overtime, shift premium, ...

COMPENSATE Definition & Meaning - Dictionary.com

verb (used without object) · to provide or be an equivalent; make up; make amends (usually followed by for ):. His occasional courtesies did not compensate for ...

meaning of compensation in Longman Dictionary of Contemporary ...

compensation meaning, definition, what is compensation: money paid to someone because they have ...: Learn more.

How is compensation used? - HR Guide

Compensation is a systematic approach to providing monetary value to employees in exchange for work performed.

What does compensation mean? - Definitions.net

Compensation is a payment, benefit, or reward given to an individual, typically an employee, as a recompense for the work, effort, or commitment they've made.

compensation - Wiktionary, the free dictionary

(real estate) An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall ...

the meaning of "compensation" in the context

2 Answers 2 ... Money that is paid to someone for something that has been lost or damaged, or for some problem. ... the combination of pay and other ...

Compensation: What It Means & Its Many Types | Connecteam

In business terms, we are referring to the money an employer pays their employees, usually as some kind of salary or the benefits attached to it. Of course, ...

Definition of 'Compensation & Benefits' - Human Resources Dictionary

Compensation & Benefits ... Compensation is payment to an employee in exchange for their work in the organization. The most common forms of compensation are wages ...

Compensation Definitions from Business Contracts

Shall mean all base straight time gross earnings and commissions, exclusive of payments for overtime, shift premium, incentive compensation, incentive payments, ...

Compensation legal definition of compensation - Legal Dictionary

compensation. n. 1) payment for work performed, by salary, wages, commission or otherwise. It can include giving goods rather than money.

COMPENSATE definition in American English - Collins Dictionary

To compensate someone for money or things that they have lost means to pay them money or give them something to replace those things. The damages are designed ...

compensation | definition for kids - Wordsmyth

something that you get in return for doing something; something that you get in exchange for losing something. They received fair compensation for the work they ...

Compensation: Definition and List of Allowances - Khatabook

Total compensation means that it is the base salary plus all the company's other benefits. Gross Pay And Net Pay, Is One Of Them A Base Pay?

What Are Compensation and Benefits? (Definition, Examples) | Built In

What Is Compensation? 9 Examples · Salary · Hourly wages · Overtime pay · Sign-on bonus · Merit bonus · Retention bonus · Commissions · Incentive pay or ...

What Is Compensation? (Definition and Types) - Pay & Salary - Indeed

Compensation is the total pay an employee receives when working. This includes a traditional salary, such as an hourly wage or annual pay. It ...