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What is Compensation? – Definition


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 - 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 & 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.

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?

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 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 ...

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? Compensation Definition - Wix.com

Compensation is the payment that an employer distributes to their workers in exchange for the time and services they provide.

What Does Compensation for Work Actually Mean? - Indeed

Compensation doesn't just mean salary or hourly pay rate. It involves all of the expenses you pay for each employee (eg, commissions, overtime, insurance plans ...

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 ...

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 ...

HR Glossary | What is compensation? - Visier

Compensation is something of value—generally money and benefits—given to employees in exchange for the work that they do ...

Compensation Terms & Definitions - | Larimer County

A formal process for reviewing the wages of incumbents in a single job title based on a standard set of criteria, such as years of experience, performance ...

What Does Compensation Mean? - Gusto

Employee compensation goes beyond just salary—it includes all of the expenses you pay for each employee. Learn what goes into a competitive ...

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 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 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 | Patriot Software

Compensation is the total cash and non-cash payments an employer gives an employee in exchange for the work they do during a pay period.

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 ...