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.
Reparation is defined as anything paid or done to make up for a wrongdoing, or the act of making up for a wrongdoing. An example of a reparation is money paid for an item broken in a store. a repairing or being repaired; restoration to good condition. a making of amends; making up for a wrong or injury.