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 benefit..

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

Definition of compensation noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and 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 …

compensation (ˌkɒmpɛnˈseɪʃən) n 1. the act or process of making amends for something 2. something given as reparation for loss, injury, etc; indemnity

Compensation is the total amount of monetary and non-monetary awards granted to employees in exchange for their efforts and services to an organization. It helps encourage, attract, and keep …

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 …

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