What is another word for compensation?

3077 synonyms found


[ kˌɒmpənsˈe͡ɪʃən], [ kˌɒmpənsˈe‍ɪʃən], [ k_ˌɒ_m_p_ə_n_s_ˈeɪ_ʃ_ə_n]

Table of Contents

Similar words for compensation:

How to use "compensation" in context?

Paraphrases for compensation

Hyponyms for compensation

Antonyms for compensation

Hypernyms for compensation

Synonyms for Compensation:

How to use "Compensation" in context?

Compensation is an important part of any job. When someone is hired, they are typically given a salary. This is the portion of the payment that is given to the employee as an hourly wage, piece rate, commission, or any other form of payment. The purpose of compensation is to ensure that the employee is able to live decently while working and that they are able to provide a good return on investment to the company.

Salaries are usually determined based on skills, qualifications, and years of experience. However, compensation can also be based on factors such as location, tenure, or ability to work evenings or weekends.

Paraphrases for Compensation:

Paraphrases are highlighted according to their relevancy:
- highest relevancy
- medium relevancy
- lowest relevancy

Hyponym for Compensation:

Word of the Day

Securities, scrapes, haversacks, knapsacks, scabbards, pokes, banknotes.