What is Compensation? – Definition
Employee Compensation | Overview, Types & Examples - Lesson
The employee compensation definition in human resource management is a tool that can be used to make the company better and meet its needs. Human Resources uses ...
What is Compensation? | Meaning & Definition | Akrivia HCM
Compensation is the total amount of money or remuneration received by an employee in exchange for their services.
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 ...
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.
We have put together this dictionary of key compensation terms that will be helpful to anyone in the compensation field.
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 ...
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 definition - AccountingTools
Compensation is a payment made in exchange for services rendered. It can include base pay, bonuses, commissions, merit pay, and tip income.
Compensation Definition: 29k Samples - Law Insider
Compensation means a payment by way of damages or a payment under a scheme of insurance or compensation provided for by law, or any other payment that in the ...
Video: Salary Definition, Compensation Systems & Examples
Learn about salary. Understand what a salary is, learn the etymology of salary, read a comparison of salary vs. hourly wage, and see different...
Compensation and benefits - Wikipedia
Compensation and benefits · Compensation and benefits refer to remuneration to employees from employers. · Compensation is the direct monetary payment received ...
Compensation Definition & Meaning - YourDictionary
Compensation definition: Something, such as money, given or received as payment or reparation, as for a service or loss.
Compensation - definition of compensation by The Free Dictionary
1. The act of compensating or the state of being compensated. 2. Something, such as money, given or received as payment or reparation, as for a service or loss.
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.
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 ...
What Is a Compensation Structure? | Indeed.com
Compensation structures are the pay-based frameworks companies use to establish fair and equitable pay for all employees in the organization.
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 ...
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 ...
What is Compensation? - HRZone
Compensation definition. Compensation refers to the remuneration given to an employee in exchange for their services. The level of compensation offered is ...
Compensation: Definitions and Applications - Red Bank Pension ...
The most important definition of compensation is the one used to determine plan benefits or contributions.