From Longman Business Dictionaryemployee compensationemˌployee compenˈsation especially American EnglishHUMAN RESOURCES1the total pay and benefits that a particular employee or group of employees receivesAn increasing proportion of the company’s employee compensation is paid in stock.2money paid to an employee by an employer’s insurers because the employee has been harmed in some way, for example in an accident at workBecause of the limitations of employee compensation policies, more people are turning to the courts to seek additional disability awards. → compensation
