compensation
//ˌkɒmpənˈseɪʃən//
Noun
compensationSingular
compensationsPlural
1
Something, typically money, awarded to someone as a recompense for loss, injury, or suffering.
The company paid compensation to the workers who were injured in the accident.
2
Payment given to an employee for work performed, including salary, wages, and benefits.
The company offers competitive compensation packages to attract top talent.
3
Something that counterbalances or makes up for an undesirable or unwelcome state of affairs.
The beautiful scenery was some compensation for the long journey.