Compensations

Compensations refer to the monetary or non-monetary benefits provided to employees in exchange for their work or services. This can include salary, bonuses, incentives, benefits such as health insurance and retirement plans, as well as perks like paid time off and flexible work arrangements. Compensations are designed to attract, retain, and motivate employees, as well as to reward them for their contributions to the organization.




Related Categories

Compensations
Decompensations
Overcompensations