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COMPENSATION Definition Meaning | Dictionary. com 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
What Is Compensation? - Rho 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 insurance, paid vacation, sick days, pension plans, employee discounts, and more
Compensation - Meaning, Types, Examples, Factors, Vs Salary 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 talented workers by integrating their efforts with the company's goals