HR Terminology Compensation

Complygate has put together a complete list of key HR terms, phrases, acronyms and jargon to assist HR professionals in navigating the extensive, ever-growing HR terminology. We would like to encourage you to read, share and make use of this terminology collection. If you have any suggestions of terms or keywords we have missed, please contact us and we will include them in our next update.

Please enjoy reading!

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Definition of compensation

In simpler terms compensation is a method of payment made to someone that has an injury, lost or damaged. For example, Sarah received £10,000 in compensation for injuring her right leg at work.

Compensation can be claimed in a situation where you were the victim of a violent crime. Such as getting injured in the workplace.

Other reasons for claiming compensation can be:

  • A relative who died that you were close to.
  • You witnessed a crime happening to a loved one.
  • You paid for the funeral of someone who died.
  • If you got injured while trying to stop a crime from happening. This can be in a situation where someone is in great danger and you try to stop it even though you are not trained or skilled to deal with the circumstances.
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