What is Compensation? Definition and Explanation
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.
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 | 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
money that is paid to someone in exchange for something that has been lost or damaged or for some problem.
20 CFR § 211.2 - Definition of compensation.
(1) Salary, wages and bonuses;. (2) Pay for time lost as an employee;. (3) Cash tips of $20 or more received in a calendar ...
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 ...
What Is Compensation? - Patriot Software
Compensation Definition · Base pay (hourly or salary wages) · Sales commission · Overtime wages · Tip income · Bonus pay · Recognition or merit pay ...
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 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 ...
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? 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.
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 & Definition | Keka HR
Compensation means the total amount of money or remuneration received by an employee in exchange for services he/she provides.
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: A Guide to Pay - Coursera
Indirect compensation refers to non-cash forms of compensation. Examples of indirect compensation "paid" to employees include: Childcare.
compensation definition · LSData - LSD.Law
A more thorough explanation: ... Definition: Compensation refers to the payment or reward given to an individual for the work or services they have provided. It ...
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 & Impact on Your Organization - HRSoft
In the world of HR, compensation takes on a more significant meaning. It's not simply what you pay your employees in terms of salary; rather, it encompasses all ...
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 ...