employee compensation

noun [U] (also compensation) US

Definition

› HR the total cost of an employee or employees, including what they are paid and the cost of any benefits in addition to their pay: The overall increase in employee compensation costs in the third quarter was below the 0.8% rise expected by economists. → Compare workers' comp

› HR payment in any form given to an employee: Stock options are an attractive form of employee compensation.

(Definition of employee compensation noun from the Cambridge Business English Dictionary © Cambridge University Press)

Focus on the pronunciation of employee compensation