Compensation Terms Glossary

Permanent Partial Disability (PPD) — Benefits which employees may be entitled to if they have sustained a permanent disability to certain body parts. Benefits ...

PEO - Workers' Compensation and Work Comp Glossary of Terms

A hybrid PEO arrangement where the employers maintains their own work comp policy and does not obtain coverage through the PEO work comp master policy.

Work Comp Glossary | MEM Mutual Insurance Company

Includes wages, commissions, bonuses, overtime pay, holiday pay, vacations and sicknesses, payment for piecework, value of housing, cafeteria plans and other ...

Glossary | WorkCompCentral

Definition: Acronym for workers' compensation term of art: 'Arising Out of Employment or Course of Employment'. To be compensable, an injury must be found ...

Workers' Compensation Glossary of Terms and Definitions - Enlyte

Are you new to the workers' compensation industry or want a refresher on common industry terms? Download our Workers' Compensation Glossary ...

Glossary of Compensation Terms

Glossary of Compensation Terms. Base Pay—Fixed compensation paid for performing standard job duties. Base pay is usually expressed in annual, monthly, or ...

Virtual University | Workers' Compensation Glossary - IIABA

Wages or salaries including retroactive wages or salaries · Commissions: If the employee is on a draw, and the draw is greater than commissions ...

Learn the Lingo of Workers' Compensation With This Glossary

Here is a look at 11 top terms found in many workers' compensation glossaries. 1. AME, or Agreed Medical Evaluator. An AME is the doctor that an injured worker ...

Glossary - Workers Compensation Terms - WCC

This glossary of workers compensation terms and definitions is provided to better help you understand the language of workers compensation insurance.

Glossary Workers Compensation Legal Terms

Change in Condition-The term used to describe events which occur after an injury which affect the injured worker's right to receive continued benefits. Certain ...

Workers' Compensation Glossary | University Human Resources

The following is a list of terms and their definitions that may be helpful. Accommodation: An accommodation is any modification or adjustment to a job or the ...

Compensation: HR Terms Explained - Pelago

A wage is an hourly or salaried payment that an employee receives for work performed. Wages are typically set by an employer in advance and are paid on a ...

What Does Compensation Mean? Definition & Examples - Sage

In business terms, the compensation meaning refers to something, usually money, awarded to an individual in exchange for services. A broader compensation ...

Executive Compensation and Benefit Terms - Bloomberg Law

Many of the terms have specific definitions in the tax, employee benefit and other laws, rules and regulations relevant to executive compensation. This list is ...

Glossary, RI Workers' Compensation Info Center - Legal Terms ...

Amount of weekly compensation benefit. For injuries on or after January 1, 2022, compensation rate is calculated at 62% of average weekly wage. For injuries on ...

Worker's Compensation: Discussion, Terms, and Definitions

Most Accessible Attorney on the Planet. Worker's Compensation Discussion, Terms and Definitions. (703) 854-9288, VA (301) 298-8383, MD

HR Glossary | What is compensation? - Visier

Compensation is something of value—generally money and benefits—given to employees in exchange for the work that they do ...

Glossary of Workers Comp Premium Terms

A NCCI manual for writing policies which includes rules and classifications, along with state specific rates/loss costs and exceptions.

Workers Compensation Terms and Definitions

It is important for you to understand some of the legal terms and their definitions that you may come across during your workers compensation claim.

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. Benefits ...