compensation

Definitions (2)

1. Generally, something received in return for something else.
2. Wages and other financial benefits earned from labor.

Use compensation in a sentence

When looking at a new job offer, it is important to review the job description, benefits, and compensation prior to accepting the job.

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Fredrick felt that the compensation for the long grueling day of labor baking in the sun was hardly fitting of the troublesome experience he had endured.

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The company decided to raise its employees' salaries after learning that several workers had quit and taken new jobs with a competitor that offered better compensation.

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compensating variation salary