Compensation


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Compensation

Arrangement under which the delivery of goods to a party is paid for by buying back a certain amount of the product from the recipient of the goods.

Compensation

Payment for services rendered. One is due compensation when one has performed a service for an employer or client. Examples of compensation include wages, salaries, tips, fees, and commissions. Compensation is usually the primary component of an individual's tax liability. It is also called remuneration.

compensation

(1) Payment for goods or services.(2) Damages necessary to restore an injured party to his or her position before the wrongdoing.(3) In eminent domain, payment to property owners for the value of the property taken and any damage caused to the value of the remaining property.

Compensation

Wages, commissions, tips, professional fees, and net self-employment income received for services rendered; that is, earned income.
References in periodicals archive ?
The Federal Employees' Compensation Act (FECA) provides WC for non-military federal employees.
First, as might be expected, incentive stock options (ISOs) are generally not treated as deferral of compensation for Sec.
Before you get too comfortable, there are other concerns companies that issue stock-based compensation must deal with.
Since the task of creating these senior executive incentives falls largely to compensation committees of boards of directors, it would seem that boards of directors may be due for some rethinking on managing the process and then better communicating with shareholders what exactly top executives are getting paid.
The Department of Energy, which contracted with North American Aviation, tried to limit the compensation to a select group of employees who worked in a 90-acre section of the Santa Susana Field Lab.
Now is the time to prepare and inform yourself and, if necessary, assist your clients in making the necessary changes to meet the new deferred compensation requirements without incurring penalties.
An employer's "mere promise to pay" future compensation was not currently taxable to the employee.
Table 2 shows the median salary, and Table 3 shows the total compensation for selected positions of a public firm in the survey's median sales volume ($27 million-$54 million) broken down by region.
The 2004-2005 Compensation Report provides commercial real estate companies with current benchmarks from which to review compensation and benefit policies," said
Today's compensation committee members may have the most difficult job in Corporate America.
1] Instead, it attempts to demonstrate succinctly the legal framework under which compensation issues should be incorporated into a resolution of current water disputes, thereby providing Israeli and Palestinian negotiators with a threshold point for seriously and practically addressing compensation concerns more generally.
Roland Marchand explains much of advertising's appeal in the 1920s as a compensation: "Advertising not only propagandized for modern, urban civilization; it also offered compensation for its discontents.

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