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Define Compensation


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.

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.

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 ...

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, ...

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, ...

20 CFR § 211.2 - Definition of compensation.

Compensation means any form of payment made to an individual for services rendered as an employee for an employer; services performed as an employee ...

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 ...

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 ...

What is compensation? (definition and examples) - Rho

Does compensation have to mean money? Compensation does not always mean money. While it often refers to financial payments like salaries and ...

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.

compensation | Wex | US Law | LII / Legal Information Institute

Compensation is payment or remuneration for work or services performed or for harm suffered (see also damages).

What is Compensation in the workplace? - Connecteam

Compensating your employees for their work involves more than paying them a salary or wage.

What Is Compensation? - Patriot Software

Compensation is the total cash and non-cash payments that you give to an employee in exchange for the work they do for your business. It's ...

What Does Compensation Mean? - The Hartford

“What is the meaning of compensation in business?” “What is the definition of compensation?” We're here to help explain. It means you've rewarded someone ...

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

Compensation is an effort to give appreciation to employees over the hard work they have given to achieve the company's goals. In addition to that, this ...

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 ...

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 ...

What Is Compensation? Meaning And Definition - Time champ

Compensation is the total reward which comprises of monetary as well as non-monetary benefits that the employees receive for the work done for the ...

Compensation: Definition & Impact on Your Organization - HRSoft

It's not simply what you pay your employees in terms of salary; rather, it encompasses all of the ways in which you compensate your employees.

What is compensation management? - HiBob

Compensation management involves managing, analyzing, and determining the salary, incentives, and benefits each team member receives. Creative compensation ...