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Glossary:Compensation of employees


Remuneration: Defining Employee Compensation - Investopedia

Remuneration is the total compensation earned, such as salary, bonuses, commission payments, overtime pay, or other monetary benefits. Federal ...

Glossary of Terms | One Washington

A user-defined grouping of compensation components; such as the sum of salary, allowance, commission, bonus, future payment, stock and retirement savings plans.

Glossary of Employee Benefits Terms - PeopleKeep

Employee benefits are any compensation or perks offered to employees in addition to their base pay (such as a salary or wage). Examples of employee benefits ...

What is a compensation package? | Global HR glossary | Oyster®

A compensation package refers to the compensation, benefits, and other remuneration offered to employees by their organization in exchange for the time, ...

PEO - Workers' Compensation and Work Comp Glossary of Terms

PEO - Workers' Compensation and Work Comp Glossary of Terms · Advisory Organization · Assigned Risk Adjustment Program · Assigned Risk Plan – Assigned Risk Pool ...

HR & Payroll Glossary - Lano.io

An employee's base salary is the minimum amount of pay they are entitled to. Base pay can either be a fixed monthly salary or a set hourly rate. Additional pay ...

Compensation: definition, synonyms and explanation - HeroHunt.ai

Compensation is a system of rewards in exchange for an employee's work. Compensation explained. Compensation is a system of rewards that organizations give to ...

Compensation Glossary - Human Resources | UAB

Incentive Plan: A compensation plan used to motivate and reward employees for exceeding normal job expectations in support of departmental and institutional ...

What is Compensation? – Definition, Importance, Types, FAQs & Plan

Compensation is the remuneration awarded to an employee in exchange for their services or individual contributions to your business. The contributions can be ...

Glossary of Payroll Terms - BambooHR's Help Article

The part of the employee's check remaining after deductions required by law (taxes). It is used to determine the amount of an employee's pay that is subject to ...

Compensation Plan - HR Glossary - Veremark

A compensation plan is a detailed outline of the financial and non-financial rewards given to employees in exchange for their work, expertise, and dedication.

Glossary of Compensation Terms - Translation Directory

Individuals interested in employee compensation are likely to encounter the terms listed in this glossary. Definitions are brief and may not reflect all usage.

Compensation of employees - Australian Bureau of Statistics

11.7 Compensation of employees comprises wages and salaries (in cash and in kind) and employers' social contributions. It does not include any unpaid work ...

Chapter 3 Compensation - IRS

The safe harbor contained in IRC 414(n)(5) exempts the employer from including leased employees in the definition of “employee” if the leased employee works for ...

What Is a Compensation Package? - Velocity Global

A compensation package refers to the salary, benefits, and other forms of remuneration an employer offers employees for their work.

Premium Pay Definitions - U.S. Department of Commerce

Annual Premium Pay - pay at a percentage of the General Schedule (GS) employee's annual rate (instead of the hourly overtime rate) for standby duty, ...

What is Remuneration? | Definition and Examples - ADP

Remuneration is any form of payment an employee receives for performing a service. Employees might think of it as their salary or hourly wage, ...

Common Compensation Terminology | Human Resources - UCCS HR

Ensures equitable pay by reducing pay compression, or the pay disparities between employees within similar roles, experience levels, education levels, tenure, ...

A Glossary of Working Compensation Terms You Need To Know

The average amount an employee earns per week, used to calculate workers' compensation benefits. It typically includes wages, overtime, bonuses, ...

DWC glossary of workers' compensation terms for injured workers

It is based on your medical condition, date of injury, age when injured, occupation when injured, how much of the disability is caused by your job, and your ...