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1. Dictionary

   compensation

   /ˌkɒmp(ə)nˈseɪʃn/

   noun

   • 1. something, typically money, awarded to someone in recognition of loss, suffering, or injury: "he is seeking compensation for injuries suffered at work"
   • ▪ the action or process of awarding compensation: "the compensation of victims"
   • ▪ something that counterbalances or makes up for an undesirable or unwelcome state of affairs: "the grey streets of London were small compensation for the loss of her beloved Africa"
   • 2. the process of concealing or offsetting a psychological difficulty by developing in another direction.
   • 3. the money received by an employee from an employer as a salary or wages: North American "send your CV and current compensation to Executive Search Consultant"

   Word Origin late Middle English: via Old French from Latin compensatio(n-), from the verb compensare ‘weigh against’ (see compensate).

   Derivatives

   • 1. compensational adjective

   Scrabble Points: 18

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2. www.wallstreetmojo.com › compensationCompensation - Meaning, Types, Examples, Factors, Vs Salary

   www.wallstreetmojo.com › compensation

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   Aug 21, 2024 · Compensation is the total rewards, including monetary and non-monetary, that employees receive in exchange for their work and contributions to an organization. It aims to attract, retain, and motivate talented individuals by aligning their efforts with the organization's objectives.

3. blog.checkmark.com › what-is-compensationWhat is Compensation? – Definition, Importance, FAQs & Plan

   blog.checkmark.com › what-is-compensation

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   Compensation is the remuneration awarded to an employee in exchange for their services or individual contributions to your business. The contributions can be their time, knowledge, skills, abilities, and commitment to your company or a project.

4. www.geektonight.com › compensation-in-hrmWhat Is Compensation In HRM? Objectives, Types ... - Geektonight

   www.geektonight.com › compensation-in-hrm

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   Oct 10, 2021 · Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfaction.

5. www.economicsdiscussion.net › human-resource-management › compensationCompensation: Introduction, Concept, Objectives, Types and...

   www.economicsdiscussion.net › human-resource-management › compensation

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   Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. It is a tool used by management for a variety of purposes to further the existence of the company. It may be adjusted according to the business needs, goals and available resources.

6. in.indeed.com › career-advice › pay-salaryWhat Is Compensation? A Complete Guide | Indeed.com India

   in.indeed.com › career-advice › pay-salary

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   Sep 12, 2023 · Compensation is the remuneration given to the employees for their work or contribution made to the business. The contribution can be as time, knowledge or commitment to the projects they are handling. Compensation comprises regular salary and other non-monetary benefits that an employee gets for their services in the organisation.

7. getuplearn.com › blog › what-is-compensationWhat is Compensation? Theories, 4 Methods, Types, Factors -...

   getuplearn.com › blog › what-is-compensation

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   Jul 11, 2023 · Compensation is money or other benefits provided by the library organization to employees in return for their work.

8. aihr.com › blog › types-of-Types of Compensation: Everything HR Needs to Know - AIHR

   aihr.com › blog › types-of-

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   Contents. What is compensation? What are the different types of employee compensation? – Direct compensation. – Indirect compensation. – Total compensation. What is compensation? Compensation refers to any payment given by an employer to an employee during their period of employment.

9. www.glassdoor.com › blog › guideWhat Is Compensation and How Is It Determined? - Glassdoor

   www.glassdoor.com › blog › guide

   Nov 23, 2018 · What exactly is in a compensation package? How is it calculated? And is any of it up for negotiation? Here's your guide to compensation.

10. www.patriotsoftware.com › blog › payrollWhat Is Compensation? | Definition and Compensation Types

    www.patriotsoftware.com › blog › payroll

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    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 businesses with employees. Compensation is more than an employee’s regular paid wages. It also includes many other types of wages and benefits.

11. dictionary.cambridge.org › dictionary › englishCOMPENSATION | English meaning - Cambridge Dictionary

    dictionary.cambridge.org › dictionary › english

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    money that is paid to someone in exchange for something that has been lost or damaged or for some problem: in compensation for She received £40,000 in compensation for a lost eye. in compensation We were given five hundred pounds in compensation, which isn't much, but at least it's something. claim compensation You should claim compensation.