fair compensation

Equitable wage earned

Fair compensation is payment or remuneration that adequately reflects the value of work performed, goods provided, or harm suffered.

The term implies a balance between what is given and what is received, judged against standards of equity rather than mere market forces.

In employment contexts, fair compensation encompasses not just wages but often benefits, working conditions, and recognition.

The workers demanded fair compensation for the overtime hours.

In legal settings, it frequently appears in discussions of eminent domain, where property owners must receive fair compensation when the government takes their land.

Related

fairness · equity · market value · worth every penny · workers' rights · transparency · living wage · cost of living · hazard pay · salary negotiation · bonus · restitution · pay scales · performance bonuses · severance pay · back pay · labor law · wages

Categories
Opposites
adequacy of payment

fair compensationunderpayment

Insufficient wages rendered

poverty wages · starvation wages · minimum wage · pittance · low pay

justice/ethics of payment

fair compensationexploitation

Selfish use of others

wage theft · labor exploitation · worker exploitation · economic exploitation · slave wages

excess vs. deficit

fair compensationoverpayment

Amount paid exceeding debt

golden parachute

Family

fair, compensation

Familiarity
Top 100,000
Profile
Used worldwide · Timeless · Abstract · Positive · Everyday, not technical · Rated G