employee compensation Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “employee compensation” in the English Dictionary

"employee compensation" in Business English

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employee compensationnoun [U]

uk   us   (also compensation) US
HR the ​totalcost of an ​employee or ​employees, ​including what they are ​paid and the ​cost of any benefits in ​addition to their ​pay: The ​overallincrease in ​employee compensation ​costs in the third ​quarter was below the 0.8% ​rise expected by ​economists.
HR payment in any ​form given to an ​employee: Stock ​options are an attractive ​form of ​employee compensation.
(Definition of employee compensation from the Cambridge Business English Dictionary © Cambridge University Press)
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“employee compensation” in Business English

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