COMPENSATION PACKAGE definition in American English

COMPENSATION PACKAGE definition | Cambridge English Dictionary

Meaning of compensation package in English ... the total payment and benefits that an employee receives for doing their job: Health and dental insurance might be ...

2 senses: 1. law the sum of compensation awarded in a legal case 2. the salary and other benefits that an employee receives.... Click for more definitions.

Compensation Packages: Definition and What They Include - Indeed

What's included in a compensation package? · Salary · Paid holiday, vacation and sick days · Medical, dental and vision insurance · Retirement ...

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, talent ...

Compensation Package: Definition and Guide - Payscale

A compensation package is a comprehensive summary of the direct (financial) and indirect (non-financial) ways an employer pays an employee.

compensation package - Longman Dictionary

compensation package meaning, definition, what is compensation package: the total amount of pay and all the othe...: Learn more.

What is a Compensation Package? Learn about Employee Benefits

A compensation package encompasses all the benefits and rewards that employees receive in exchange for their work. It typically includes salary or wages, ...

How to Evaluate a Compensation Package and Job Offer - Robert Half

What is a compensation package? · Salary · Bonuses and commissions (as applicable) · Paid time off (holidays and vacation and sick days) · Medical, ...

COMPENSATION PACKAGE - All you need to know about it

A complete guide to the word "COMPENSATION PACKAGE": definitions, pronunciations, synonyms, grammar insights, collocations, examples, and translations.

Types of Compensation: Everything HR Needs to Know - AIHR

Equity as part of a compensation package essentially means the employee is offered equity (ownership) in the company, either through shares of stock or the ...

What is a Compensation Package? (With Template and Example)

Companies can offer different kinds of direct compensation for their employees, including an hourly rate, a regular salary or a commission on ...

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.

Building a Competitive Compensation Package: Definition & Key ...

A compensation package refers to the wages and other benefits that an employee is offered upon signing a working contract with a company.

What is a compensation plan? - HiBob

A compensation plan is a payment package designed to attract and retain employees. A basic compensation package consists solely of a salary or wages.

PAY PACKAGE | definition in the Cambridge English Dictionary

PAY PACKAGE meaning: the salary and other benefits (= advantages) such as health insurance or a car that an employer…. Learn more.

Employee Compensation Plans – The Importance and Benefits

A compensation plan includes a company's set of guidelines for delivering employees' base pay, bonuses, and equity.

15 Synonyms & Antonyms for COMPENSATION PACKAGE

compensation package · additional benefit · allowances · benefits · employee benefit · extra · gravy · lagniappe · perks ...

Total Compensation: What's Included & Why It's Important

In other words, salary is one element of an employee's total compensation. ... The most common benefits employers include within their total compensation package, ...

Compensation Planning & Examples - Carta

A compensation plan outlines salaries, bonuses, and equity. Total rewards plans (comp plus benefits) help companies attract and retain employees.

Total compensation: a complete guide | Brightmine

You'll often hear total compensation referred to as a total compensation package or a total rewards package. ... The meaning of total compensation ...