Payroll vs Compensation - What's the difference?
payroll | compensation |
A list of employees who receive salary or wages, together with the amounts due to each.
The total sum of money paid to employees.
(computing) The series of accounting transactions that ensure that employees are paid correctly, and that all taxes etc are properly deducted; the department in a company responsible for it.
(euphemistic) Bribes paid to people
To place on a payroll.
* 1985 , The Code of Federal regulations of the United States of America (page 37)
The act or principle of compensating.
That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense.
* Hallam
* Burke
The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
A recompense or reward for some loss or service.
An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation.
The relationship between air temperature outside a building and a calculated target temperature for provision of air or water to contained rooms or spaces for the purpose of efficient heating. In building control systems the compensation curve is defined to a compensator for this purpose.
As nouns the difference between payroll and compensation
is that payroll is a list of employees who receive salary or wages, together with the amounts due to each while compensation is the act or principle of compensating.As a verb payroll
is to place on a payroll.payroll
English
Noun
(en noun)- 1957': ''I know that the deal started with the boys in Santiago, because they've been on the d'Anconia '''pay roll for centuries — well, no, 'pay roll' is an honorable word, it would be more exact to say that d'Anconia Copper has been paying them protection money for centuries — isn't that what your gangsters call it?'' - Francisco dAnconia, ''.
- 1972': ''We can spread a rumor this cop was dirty. Look, Tom, we have newspaper people on the '''payroll , don't we? - Michael Corleone, .
Verb
(en verb)- Grantees may elect to payroll the enrollees through their own payroll system if the payroll system is consistent with regulations contained herein.
Anagrams
*compensation
English
(wikipedia compensation)Noun
(en noun)- (Emerson)
- The parliament which dissolved the monastic foundations vouchsafed not a word toward securing the slightest compensation to the dispossessed owners.
- No pecuniary compensation can possibly reward them.
