Something given in return as an equivalent for services, debt, loss, or injury. Often refers to wages for labor performed in another’s employ.
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A contract between parties exchanging work for compensation. Also, the aggregate measure of people performing work in exchange for compensation
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It is extremely important that every business organization has Worker’s Compensation Insurance. This insurance makes sure your employees are covered when they get injured on the job. Basics of Worker’s Compensation Insurance This insurance covers a lot of different areas
The projected benefit obligation is measured using assumptions about future compensation levels if the pension benefit formula is based on those future compensation levels (pay-related, final-pay, final-average-pay, or career average-pay plans). Contrast with Accumulated Benefit Obligation, where the obligation is measured using employee compensation prior to the measurement date of the obligation (SFAS No. 87)
The minimum compensation to be received for labor; it is either established by contract or through legislation
For over fifteen years, she has held multiple roles in total rewards, including broad based compensation, executive compensation and benefits
12-07-2021 | 05:30 PM - 07:30 PM CT Kansas City MO
An amount required to be kept on deposit at a bank, usually as guarantee for a current or future loan or to provide compensation for banking services such as check clearing
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