What Is Compensation? Meaning And Definition

An amount given or received as recompense for a loss or injury. Compensation is a remedy available in many categories of law.

Compensation Glossary of Terms - UNT System HR

Compensation: All forms of financial returns, tangible services and benefits employees receive as part of an employment relationship. Counter Offer: An offer to ...

compensation | Wex | US Law | LII / Legal Information Institute

Compensation is payment or remuneration for work or services performed or for harm suffered (see also damages).

What is Compensation? Meaning & Definition - Pocket HRMS

Compensation is defined as the remuneration provided to an employee in lieu of his or her services.

Compensation: HR Terms Explained - Pelago

In the context of human resources, compensation usually refers to the wages or salaries that are paid to employees, as well as any benefits that are provided to ...

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 ...

Compensation and benefits - Wikipedia

Compensation and benefits refer to remuneration to employees from employers. · Compensation is the direct monetary payment received for work performed, commonly ...

Compensation and Benefits: The Complete Guide - AIHR

It compares an individual's or group's salary with the midpoint of a defined salary range. Simply said, this metric shows you whether an employee or group of ...

What Is Compensation Management? | Definition From TechTarget

Ensuring salaries are competitive is the main benefit of compensation management. Up-to-date market data gives hiring managers critical information they need ...

Compensation Definition - JavaTpoint

The phrase "compensation" refers to any benefits, both monetary and non-monetary, that an employee receives from their employer. Basic pay, bonuses, and other ...

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

Compensation refers to direct payment from the employer to the employee in exchange for labor. You'll also hear compensation referred to as direct monetary ...

What is Employee Compensation and Benefits | Meaning & Definition

Compensation and benefits refers to the compensation/salary and other monetary and non-monetary benefits passed on by a firm to its employees. Compensation and ...

Compensation: Introduction, Concept, Objectives, Types and Theories

Generally the term compensation refers to compensating any damage, loss or mental harassments, wages or salaries as reward for physical and/or mental efforts to ...

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 ...

compensation, n. meanings, etymology and more | Oxford English ...

There are nine meanings listed in OED's entry for the noun compensation. See 'Meaning & use' for definitions, usage, and quotation evidence.

compensation - definition and meaning - Wordnik

What is compensation? Definition and examples

Compensation may refer to the direct and indirect benefits that a worker receives from an employer. The term also refers to how much somebody has to pay a ...

Towards a Working Definition of Compensation

measure compensation and how we define labor costs. Measures of total labor cost and compensation serve diverse pur- poses. They are used in the analysis of ...

Compensation: What It Means & Its Many Types | Connecteam

We are referring to the money an employer pays their employees, usually as some kind of salary or the benefits attached to it.

compensation - WordReference.com Dictionary of English

n. [uncountable] money given to make up for a loss, damage, etc.; damages: workers' compensation.