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What Does “Compensation” Mean?


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 noun (MONEY) ... money that is paid to someone in exchange for something that has been lost or damaged or for some problem: in compensation for She ...

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 ... Q: Which of the following is this sentence: He danced as fluidly as water.

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 ...

What is Compensation? – Definition, Importance, Types, FAQs & Plan

In simpler words, compensation is the money received by an employee from an employer as a salary or wages. Types of Compensation. Compensation doesn't mean only ...

COMPENSATION definition in American English - 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? - 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.

Compensation - Definition, Meaning & Synonyms - Vocabulary.com

compensation · noun. the act of compensating for service, loss, or injury. synonyms: recompense · noun. something (such as money) given or received as payment or ...

What Does Compensation Mean? - The Hartford

What is meant by compensation? The term “compensation” in small business insurance refers to the amount that the insurance company has agreed to pay for covered ...

What Does Compensation Mean? - Gusto

An employee's total compensation is everything they earn while working at your business. The main benefits of having a thoughtful compensation ...

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 ...

Compensation Glossary of Terms - UNT System HR

An equity analysis is conducted by Human Resources Compensation, and compares employees' pay whose positions require equal skill, effort and responsibility, and ...

COMPENSATION Definition & Legal Meaning - Black's Law Dictionary

Damages is amends exacted from a wrong-doer for a tort. Compensation is amends for something which was taken without the owner's choice, yet without commission ...

Annual Compensation vs. Annual Salary: What's the Difference?

Annual compensation, in the simplest terms, is the combination of your base salary and the value of any financial benefits your employer provides. This includes ...

Compensation: What It Means & Its Many Types | Connecteam

What Exactly Is Compensation? ... In business terms, we are referring to the money an employer pays their employees, usually as some kind of salary or the ...

What Is Compensation? Meaning And Definition - Time Champ

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

compensation | Taber's Medical Dictionary

compensation · 1. The restoration of a normal physiological state by one organ when another is malfunctioning. · 2. · 3. · 4.

Employee Compensation: Everything Employers Need to Know

What Is Employee Compensation? ... Employee compensation refers to the combination of salary and wages, benefits, bonuses, and any additional ...

What is compensation management? - HiBob

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