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COMPENSATION definition and meaning


Compensation Definition & Meaning - Merriam-Webster

The meaning of COMPENSATION is the act of compensating : the state of being compensated. How to use compensation in a sentence.

What Does Compensation Mean? Definition & Examples - Sage

In the workplace, compensation is what is earned by employees. It includes salary or wages in addition to commission and any incentives or perks that come with ...

COMPENSATION definition | Cambridge English Dictionary

COMPENSATION meaning: 1. money that is paid to someone in exchange for something that has been lost or damaged or for…. Learn more.

COMPENSATION Definition & Meaning | Dictionary.com

Compensation definition: the act or state ofcompensating, as by rewarding someone for service or by making up for someone's loss, damage, ...

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 ...

20 CFR § 211.2 - Definition of compensation.

§ 211.2 Definition of compensation. ... (2) That the amount agreed upon to be paid may be paid in the form of the commodity, service or privilege. (b) ...

What Is Compensation? - Patriot Software

Compensation is more than an employee's regular paid wages. It also includes many other types of wages and benefits. what is compensation?

COMPENSATION definition in American English - Collins Dictionary

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

1P00 General Principles of Compensation Data Analysis

Compensation is defined as any payments made to, or on behalf of, an employee or offered to an applicant as remuneration for employment, including, ...

Compensation: definition, synonyms and explanation - HeroHunt.ai

Wages/salaries, bonuses, and benefits are the most common types of compensation, but there are other types of compensation that can be used to attract and ...

Compensation - Definition, Meaning & Synonyms - Vocabulary.com

Compensation can also be money, a payment meant to give someone a fair exchange for their effort and output. In fact, the word comes from the Latin word ...

How is compensation used? - HR Guide

Compensation: Outline and Definitions. Compensation is a systematic approach to providing monetary value to employees in exchange for work performed.

What Does Compensation Mean? - The Hartford

It means you've rewarded someone for their work or that you're making up for someone's loss by giving them benefits. For employees in your business, this means ...

What Does Compensation for Work Actually Mean? - Indeed

Compensation is what employees earn in exchange for their contributions to your business. The difference between base pay and compensation is ...

Compensation Definition & Meaning | Britannica Dictionary

COMPENSATION meaning: 1 : something that is done or given to make up for damage, trouble, etc.; 2 : something good that acts as a balance against something ...

What Is Compensation? Definition, Importance & Types - FreshBooks

Employee compensation is any payment you give to an employee in exchange for work. Compensation can include both cash and non-cash payments.

Compensate Definition & Meaning - Merriam-Webster

1 ... to be equivalent to : counterbalance ... Her virtues compensate her faults ... 2 ... to make an appropriate and usually counterbalancing payment ...

COMPENSATION Definition & Legal Meaning - Black's Law Dictionary

Find the legal definition of COMPENSATION from Black's Law Dictionary, 2nd Edition. Indemnification; payment of damages; making amends; that which is ...

What is Compensation ? | Meaning & Definition | Keka HR

Compensation means the total amount of money or remuneration received by an employee in exchange for services he/she provides.

What is Compensation? Definition, Types, and Purpose - Clockster

Compensation is a way to appreciate or reward employees in exchange for work or service performed. Check out the purposes and types of compensation.