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What Does Compensation Mean?


Compensation and Benefits: The Complete Guide - AIHR

Compensation is the money an employee receives in exchange for their labor, which could be a salary, wages, commission, and bonuses. This money is subject to ...

compensation - definition and meaning - Wordnik

noun That which is given or received as an equivalent, as for services, debt, want, loss, or suffering; indemnity; recompense; amends; requital. noun That which ...

What is Compensation? | Zimyo HRMS

Compensation | Meaning and Definition · Compensation refers to the financial remuneration an employee receives in exchange for their work. · Compensation packages ...

Compensation Definition: 29k Samples - Law Insider

Define Compensation. means all base straight time gross earnings and commissions, but exclusive of payments for overtime, shift premium, ...

PAY COMPENSATION definition and meaning - Collins Dictionary

Compensation is money that someone who has experienced loss or suffering claims from the person or organization responsible, or from the state.

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 ...

meaning of compensation in Longman Dictionary of Contemporary ...

seek compensation (=try to get it)Survivors of the rail disaster are seeking compensation.demand compensation (=ask for it in an angry way)Political prisoners ...

What Is Compensation? 2024 Comprehensive Guide - SelectHub

Compensation is the system of supplementing employees with monetary and non-monetary rewards in exchange for the services they render.

Employee Compensation | Overview, Types & Examples - Lesson

The employee compensation definition is any money or benefits paid to an employee in exchange for work. From the employee's standpoint, compensation is ...

Salary Compensation – Meaning, Features, And Process - Compass

Salary compensation is the fixed amount of money an employee receives for their work over a specific period. Learn its features, best practices, ...

COMPENSATION | meaning - Cambridge Learner's Dictionary

money that you pay to someone because you are responsible for injuring them or damaging something: Most of the workers have won compensation ...

Compensation: What Does it Mean? What are the Types? - Payscale

We usually mean the payment received by an employee from an employer in the form of a salary, wages, benefits and variable pay.

Employee compensation: salary, wages, incentives & commissions

A salary (or wage) is a fixed amount paid in exchange for an employee's services. Each province has legislation which entitles most employees to receive a “ ...

What Is Compensation Management? | Definition From TechTarget

Compensation management is the discipline and process for determining employees' appropriate pay and benefits. A critical element in talent management and ...

What is Workers' Compensation?

Workers' compensation is insurance that provides cash benefits and/or medical care for workers who are injured or become ill as a direct result of their job.

Compensation of employees - Wikipedia

Compensation of employees (CE) is a statistical term used in national accounts, balance of payments statistics and sometimes in corporate accounts as well.

Video: Employee Compensation | Overview, Types & Examples

What is compensation? Understand the meaning of employee compensation in human resource management. Learn how the companies make employee...

compensation - WordReference.com Dictionary of English

compensation · money given to make up for a loss, damage, etc.; damages:workers' compensation. · salary. · an action, adjustment, or counterbalancing that makes up ...

Compensation: Types, Examples & Definition - StudySmarter

Frequently Asked Questions about Compensation. What does compensation mean? Compensation refers to the total earnings received by an employee for services ...

Compensation Definition and Legal Meaning

1\) Amount paid to a worker for any knid of injury suffered in the work place is called workers' compensation.It also includes wages, ...