Compensate

Compensate

Definition

Compensate means providing someone with something in return for a loss, injury, or inconvenience they have experienced. Compensation can take various forms, such as financial reimbursement, goods or services, or even gestures of goodwill. It is a way to address the negative impact that someone has suffered and to make things right. In the workplace, compensation often refers to the salary or benefits that employees receive for their work. It’s a way for employers to provide fair and equitable rewards for their employees’ contributions. The purpose of compensation Is to restore or make up for the harm, loss, or inconvenience that someone has experienced. It aims to provide a fair resolution and help alleviate the negative effects of a particular situation.

Example sentences
The company will compensate employees for working overtime with additional pay.
The airline offered to compensate passengers for the delayed flight by providing meal vouchers.
The insurance company will compensate the policyholder for the damage caused by the accident.
The artist was compensated generously for their artwork that was sold at the gallery.
The company will compensate customers for any defective products they receive.