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The term “Compensation Definition


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

Typically, compensation refers to monetary payment given to an individual in exchange for their services. In the workplace, compensation is what is earned by ...

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, ...

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 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.

20 CFR § 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) Compensation includes, but is not limited to, the ...

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.

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 ...

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 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 ...

Compensation Glossary of Terms - UNT System HR

Compensation: All forms of financial returns, tangible services and benefits employees receive as part of an employment relationship. Counter Offer: An offer to ...

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.

What is compensation? (definition and examples) - Rho

Base pay (hourly or salary wages): This is the compensation an employee receives for their work, either as an hourly wage or a fixed annual ...

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 · LSData - LSD.Law

Definition: Compensation refers to the payment or reward given to an individual for the work or services they have provided. It can also refer to the monetary ...

What Is Compensation? - Patriot Software

Compensation Definition. Compensation is the total cash and non-cash payments that you give to an employee in exchange for the work they do for ...

Definition: compensation from 12 USC § 4502(6) - Law.Cornell.Edu

compensation. The term “compensation” means any payment of money or the provision of any other thing of current or potential value in connection with employment ...

Compensation Definition: A Guide to Pay - Coursera

When workers receive monetary compensation for completed work, it falls under the category of direct compensation. Employees can receive four ...

Synonyms of compensation - Merriam-Webster

Synonyms for COMPENSATION: reparation, damages, indemnity, restitution, redress, punishment, indemnification, recompense; Antonyms of ...

compensation | definition for kids - Wordsmyth Kids

Debra received compensation for the injury she got while at work. synonyms: · amends, pay, repayment, salary, wage · similar words: · benefit, fee, hire, money, ...