The meaning of COMPENSATION is the act of compensating : the state of being compensated. How to use compensation in a sentence.

COMPENSATION definition: the act or state of compensating, as by rewarding someone for service or by making up for someone's loss, damage, or injury by giving the injured party an appropriate …

COMPENSATION definition: 1. money that is paid to someone in exchange for something that has been lost or damaged or for…. Learn more.

May 18, 2022 · 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. It’s typically one of the biggest expenses for …

Definition of compensation noun from the Oxford Advanced Learner's Dictionary. [uncountable, countable] compensation (for something) something, especially money, that somebody gives you …

Guide to Compensation and its meaning. We explain its types, examples, factors, and comparison with salary, reimbursement, & remuneration.

Compensation refers to the total pay and benefits an employee receives in return for work. Learn about direct, indirect, and different types and examples.

May 10, 2024 · Explore the essence of compensation, encompassing salary, benefits, and more. Understand its types and impact on employee satisfaction and motivation.

Oct 8, 2024 · Compensation can be understood as different forms of returns that employees receive as part of an employment agreement. This includes financial returns, services, and benefits such as …

Define compensation. compensation synonyms, compensation pronunciation, compensation translation, English dictionary definition of compensation. n. 1. The act of compensating or the state of being …