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What is 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

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, ...

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).

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.

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.

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 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 ...

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 | 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 ...

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 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 ...

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 ...

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.

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.

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 ...