What is Compensation? Definition
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 ...
We have put together this dictionary of key compensation terms that will be helpful to anyone in the compensation field.
Compensation and benefits - Wikipedia
Compensation and benefits · Compensation and benefits refer to remuneration to employees from employers. · Compensation is the direct monetary payment received ...
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.
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 ...
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 - 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 ...
Synonyms of compensation - Merriam-Webster
Synonyms for COMPENSATION: reparation, damages, indemnity, restitution, redress, punishment, indemnification, recompense; Antonyms of ...
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.
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 ...
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 - AccountingTools
Compensation is a payment made in exchange for services rendered. It can include base pay, bonuses, commissions, merit pay, and tip income.
Compensation Definitions from Business Contracts
Compensation includes regular compensation such as salary, wages, overtime, shift differentials and commissions, but excludes bonuses, incentive compensation, ...
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 noun - Oxford Learner's Dictionaries
. [uncountable, countable] compensation (for something) something, especially money, that somebody gives you because they have hurt you, or damaged something ...
Compensation: Definitions and Applications - Red Bank Pension ...
The most important definition of compensation is the one used to determine plan benefits or contributions.
What Is Compensation Management? | Definition From TechTarget
Compensation management software is a standard component in human capital management (HCM) and talent management suites. Its primary purpose is to give ...
What is compensation management? - HiBob
It includes base pay, bonuses, incentives, equity, benefits, and other forms of payment that recognize work contributions. Why is compensation important to HR?