What does compensate you mean?

What does compensate you mean?

pay, compensate, remunerate, satisfy, reimburse, indemnify, repay, recompense mean to give money or its equivalent in return for something. pay implies the discharge of an obligation incurred. paid their bills compensate implies a making up for services rendered.

What does compensate mean example?

To compensate is to pay someone for services performed, to repay someone for some wrong or that something positive exists to make up for something negative. An example of compensate is when you pay the guy who mowed your lawn.

What is the synonym of compensate?

Some common synonyms of compensate are indemnify, pay, recompense, reimburse, remunerate, repay, and satisfy. While all these words mean “to give money or its equivalent in return for something,” compensate implies a making up for services rendered.

What is compensation simple words?

Typically, compensation refers to monetary payment given to an individual in exchange for their services. In the workplace, compensation is what is earned by employees. It includes salary or wages in addition to commission and any incentives or perks that come with the given employee’s position.

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How do you use the word compensate?

Compensate in a Sentence 🔉

  1. Since I paid over three hundred dollars for my dress, you cannot compensate me for its loss with a fifty dollar check.
  2. Jeff put in extra hours this afternoon to compensate for his late arrival to work this morning.

What is compensation in a job?

Compensation is the combination of salaries, wages and benefits that employees receive in exchange for them doing a particular job. It can include an annual salary or hourly wages combined with bonus payments, benefits, and incentives.

Is it compensate or compensate for?

1[intransitive] compensate (for something) to provide something good to balance or reduce the bad effects of damage, loss, etc. synonym make up (to somebody) for something Nothing can compensate for the loss of a loved one.

What is the antonym of compensate?

What is the opposite of compensate?

repudiate refuse to pay
withhold payment deny payment to

What part of speech is compensate?

compensate

part of speech: intransitive verb
related words: make amends
part of speech: transitive verb
inflections: compensates, compensating, compensated
definition 1: to offset or be equivalent to. The eventual benefits will surely compensate the cost. synonyms: countervail, offset similar words: balance, equal, make up

Does compensation mean salary?

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. It’s typically one of the biggest expenses for businesses with employees. Compensation is more than an employee’s regular paid wages.

Why salary is called compensation?

Your salary is called compensation because you are being compensated for being somewhere you’d rather not be, doing something you’d rather not do.

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What is compensation deal?

A type of countertrade that involves the exports of goods in one direction. The payment of the goods is split into two parts: Part payment in cash by the importer. For the rest of the payment the original exporter makes an obligation to purchase some of the buyer´s goods.

What is a good sentence for compensate?

The firm will compensate workers for their loss of earnings. 10. They gave him a one-off payment to compensate for the extra hours that he had to work.

What is compensate in biology?

noun. The act of compensating or the state of being compensated. noun. 1. (biology) The increase in size or activity of one part of an organism or organ that makes up for the loss or dysfunction of another.

What does full compensation mean?

Full compensation. Payment for delivery of goods to one party by buying back more than 100 % of the value that was originally sold.

What is compensation and bonus?

In workplace settings, a bonus is a type of compensation an employer gives to an employee that complements their base pay or salary. A company may use bonuses to reward achievements, to show gratitude to employees who meet longevity milestones, or to entice not-yet employees to join a company’s ranks.

What does all in compensation mean?

All-in Compensation = All Monetary Forms of Compensation + Estimated Values for Non-Monetary Perks. The goal of calculating all-in compensation is to capture all the value a prospective employer is offering you.

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