What is Compensation?

Answers were Sorted based on User's Feedback



What is Compensation?..

Answer / pandiyan

compensation mean it combination of salary and work
performance commission

Is This Answer Correct ?    2 Yes 0 No

What is Compensation?..

Answer / sakib

compensation is a combination of salary which is basic,
extra which are benefits and incentives that may short term
or long term..

Is This Answer Correct ?    1 Yes 0 No

What is Compensation?..

Answer / sheheryar ahmad

Base Pay
Commissions
Overtime Pay
Bonuses, Profit Sharing, Merit Pay
Stock Options
Travel/Meal/Housing Allowance
Benefits including: dental, insurance, medical, vacation,
leaves, retirement, taxes...

Is This Answer Correct ?    1 Yes 0 No

What is Compensation?..

Answer / lavanya

Compensation is the total amount of the monetary and
non-monetary pay provided to an employee by an emplooyer in
return for work performed as reqireed

Is This Answer Correct ?    1 Yes 0 No

What is Compensation?..

Answer / binod

Compensation is the total reward received by an employee in
exchange for services performed for an organisation. It can
include both direct pay (Salary and wages) and indirect pay
(benefits programmes).

Is This Answer Correct ?    1 Yes 0 No

What is Compensation?..

Answer / honey

compensation refers that when a employee do good work and achieve company goal then company given some reward to the employee.

Is This Answer Correct ?    1 Yes 0 No

What is Compensation?..

Answer / rajesh upadhyay

Compensation is the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required.

Is This Answer Correct ?    0 Yes 0 No

What is Compensation?..

Answer / sagar saini(karan) from sect

compensation is any monetary and non monetary benefit to the
employees for the his performance & any extra efforts by the
company. its include like basic salary, hra, bonus,
incentives & any other facilities.

Is This Answer Correct ?    0 Yes 2 No

What is Compensation?..

Answer / vamsi krishna

if a system is redisined in such away that the specific
objective is achived i.e, the redesign or alternation of a
system using an additional component for the spefic
application to get th desired performenc is known as
compensation of c.s.

Is This Answer Correct ?    5 Yes 9 No

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