Difference between revisions of "Employee compensation"
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| − | [[Employee compensation]] is the [[cash compensation]] and [[employee benefit]]s that an employee receives in exchange for the service he or she performs for their employer and/or for his or her time. | + | [[Employee compensation]] (alternatively known as [[total compensation]] or [[total employee compensation]]; hereinafter, the ''Compensation'' is the aggregate of [[cash compensation]] and [[employee benefit]]s that an [[employee]] receives or can expect to receive in exchange for the service he or she performs for their [[employer]] and/or for his or her time spent on the [[employer]]'s request. [[Total compensation]] may also refer to the total amount of the ''Compensation''. |
Revision as of 18:26, 25 March 2020
Employee compensation (alternatively known as total compensation or total employee compensation; hereinafter, the Compensation is the aggregate of cash compensation and employee benefits that an employee receives or can expect to receive in exchange for the service he or she performs for their employer and/or for his or her time spent on the employer's request. Total compensation may also refer to the total amount of the Compensation.
