Engineering Salaries. on the Rise. In the 2012 Engineering Income and Salary Survey, conducted by the American Society of Mechanical Engineers (ASME) and the American Society of Civil Engineers (ASCE), we look at the state of salaries and the job market in the field of engineering.
Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfaction.
1 Something, typically money, awarded to someone in recognition of loss, suffering, or injury: he is seeking compensation for injuries suffered at work [as modifier]: a compensation claim.More example sentences. Something, typically money, awarded to someone in recognition of loss, suffering, or injury: he is seeking compensation for injuries suffered at work [as modifier]: a compensation claim. More example sentences.