- What is an example of compensation?
- What does compensation mean?
- How do you compensate?
- What does it mean to offset something?
- What are the four types of compensation?
- What is another word for compensation?
- What is a antonym for compensate?
- How do you use the word offset?
- What is the legal word for compensation?
- What is the best synonym for compensate?
- What is another word for offset?
- What’s another word for upset?
- What is considered just compensation?
- What does no compensation mean?
- What is your current total compensation?
What is an example of compensation?
Compensation may also be used as a reward for exceptional job performance.
Examples of such plans include: bonuses, commissions, stock, profit sharing, gain sharing..
What does compensation mean?
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. … Compensation is more than an employee’s regular paid wages. It also includes many other types of wages and benefits. Types of compensation include: Base pay (hourly or salary wages)
How do you compensate?
7 Compensation Tactics To Help Retain EmployeesPay employees salary and incentives. … Keep the incentive part of your plan simple. … Establish SMART goals. … Determine what your competitors are paying. … Modify salaries based on employees’ geographic location. … Use merit increases to reward top performers. … Provide employees with non-financial rewards.
What does it mean to offset something?
1a : to place over against something : balance credits offset debits. b : to serve as a counterbalance for : compensate his speed offset his opponent’s greater weight. 2 : to form an offset in offset a wall. intransitive verb. : to become marked by offset.
What are the four types of compensation?
The Four Major Types of Direct Compensation: Hourly, Salary, Commission, Bonuses. When asking about compensation, most people want to know about direct compensation, particularly base pay and variable pay. The four major types of direct compensation are hourly wages, salary, commission and bonuses.
What is another word for compensation?
Synonyms & Antonyms of compensationdamages,indemnification,indemnity,quittance,recompense,recoupment,redress,remuneration,More items…
What is a antonym for compensate?
compensate. Antonyms: defraud, deprive, cheat, dissatisfy, injure, damage. Synonyms: atone, satisfy, remunerate, indemnity, reimburse, pay, requite, reward, recompense, make amends for.
How do you use the word offset?
Offset sentence examplesThe little time gained was offset by the anger it aroused. … You can’t offset the balance of the entire universe for one woman. … The risk of failure in mining enterprises is offset by the chances of more than ordinary profits.More items…
What is the legal word for compensation?
SYNONYMS FOR compensation 3 recompense, payment, amends, reparation; requital, satisfaction, indemnification.
What is the best synonym for compensate?
Synonyms & Antonyms of compensateindemnify,recompense,recoup,remunerate,requite,satisfy.
What is another word for offset?
SYNONYMS FOR offset 2 onset. 17 match, parallel; counterweight, counterpoise; counteract.
What’s another word for upset?
Some common synonyms of upset are agitate, discompose, disquiet, disturb, fluster, and perturb. While all these words mean “to destroy capacity for collected thought or decisive action,” upset implies the disturbance of normal or habitual functioning by disappointment, distress, or grief.
What is considered just compensation?
Just compensation refers to the compensation individuals receive when their property gets seized by the government for public use. … The just compensation remedy is provided by the Fifth Amendment’s Takings Clause and is usually considered to be fair market value.
What does no compensation mean?
n. 1 the act or process of making amends for something. 2 something given as reparation for loss, injury, etc.; indemnity. 3 the automatic movements made by the body to maintain balance. 4 the attempt to conceal or offset one’s shortcomings by the exaggerated exhibition of qualities regarded as desirable.
What is your current total compensation?
Total Compensation Definition But base salary is only one component of total compensation. Total compensation also includes the dollar value of any or all benefits that you pay for your employees. For example: Paid vacation, sick days and holidays.