compensation
Compensation refers to the payment or reward, typically in monetary form, provided by an employer to an employee in exchange for their work, services, or loss.
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Related Concepts (2)
Similar Concepts
- commission-based pay
- compensation and benefits
- compensation equity
- disability compensation
- employee benefits
- incentive and compensation systems
- performance-based compensation
- performance-based compensation and rewards
- punishment
- reparations
- retaliation
- retribution
- salary negotiations
- unemployment compensation
- workers' compensation