Difference between revisions of "Employee compensation"
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− | [[Employee compensation]] (alternatively known as [[total compensation]] | + | [[Employee compensation]] (alternatively known as [[total compensation]], [[total employee compensation]], [[compensation and benefits]] or [[C&B]]; 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 21:20, 25 March 2020
Employee compensation (alternatively known as total compensation, total employee compensation, compensation and benefits or C&B; 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.