{"id":5293,"date":"2022-01-07T13:32:33","date_gmt":"2022-01-07T13:32:33","guid":{"rendered":"http:\/\/43.204.200.242\/hr-glossary\/regular-compensation\/"},"modified":"2024-10-04T10:34:36","modified_gmt":"2024-10-04T05:04:36","slug":"regular-compensation","status":"publish","type":"hr-glossary","link":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation","title":{"rendered":"Regular Compensation"},"content":{"rendered":"

What is Regular Compensation?<\/h1>\n

Regular or fixed compensation is a form of employee payment in which an individual receives a paycheck every pay period. There is no fluctuation in the employees\u2019 amount of pay each time they are paid. They are paid the same amount every period, weekly or biweekly. They may not receive any raises. Certain benefits come with regular compensation that cannot be purchased by simply offering bonuses.<\/p>\n

FAQs<\/h2>\n

What are the different types of compensation?<\/h3>\n

There are four main types of compensation: hourly, salary, commission, and bonuses. An employer can choose one method of compensation for employees or use a hybrid method.<\/p>\n

What is the compensation policy?<\/h3>\n

Compensation policy is the method used by an employer to pay employees. It reflects the company’s philosophy and includes the ways in which the company decides to pay the employees\u2014salary, benefits, perks, incentives, and more.<\/p>\n

What is an example of compensation?<\/h3>\n

Paying an employee overtime for the extra hours worked is an example of compensation.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-5293","hr-glossary","type-hr-glossary","status-publish","hentry"],"acf":[],"yoast_head":"\nRegular Compensation | Meaning & Definition | Akrivia HCM<\/title>\n<meta name=\"description\" content=\"Regular compensation is an arrangement in which a worker receives the same pay every pay period. It does not include any fluctuation in payment.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Regular Compensation\" \/>\n<meta property=\"og:description\" content=\"Regular compensation is an arrangement in which a worker receives the same pay every pay period. It does not include any fluctuation in payment.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation\" \/>\n<meta property=\"og:site_name\" content=\"Akrivia HCM\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AkriviaHCM\" \/>\n<meta property=\"article:modified_time\" content=\"2024-10-04T05:04:36+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@AkriviaHCM\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/regular-compensation\",\"url\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/regular-compensation\",\"name\":\"Regular Compensation | Meaning & Definition | Akrivia HCM\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#website\"},\"datePublished\":\"2022-01-07T13:32:33+00:00\",\"dateModified\":\"2024-10-04T05:04:36+00:00\",\"description\":\"Regular compensation is an arrangement in which a worker receives the same pay every pay period. It does not include any fluctuation in payment.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/regular-compensation#breadcrumb\"},\"inLanguage\":\"en\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/regular-compensation\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/regular-compensation#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/akriviahcm.com\\\/resources\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Regular Compensation\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#website\",\"url\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/\",\"name\":\"Akrivia HCM\",\"description\":\"Hire to Retire HCM Suite\",\"publisher\":{\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#organization\"},\"alternateName\":\"Akriviahcm.com\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#organization\",\"name\":\"Akrivia HCM\",\"url\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"\",\"contentUrl\":\"\",\"caption\":\"Akrivia HCM\"},\"image\":{\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/AkriviaHCM\",\"https:\\\/\\\/x.com\\\/AkriviaHCM\",\"https:\\\/\\\/instagram.com\\\/akriviahcm\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/akrivia-hcm\\\/\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Regular Compensation | Meaning & Definition | Akrivia HCM","description":"Regular compensation is an arrangement in which a worker receives the same pay every pay period. It does not include any fluctuation in payment.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation","og_locale":"en_US","og_type":"article","og_title":"Regular Compensation","og_description":"Regular compensation is an arrangement in which a worker receives the same pay every pay period. It does not include any fluctuation in payment.","og_url":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation","og_site_name":"Akrivia HCM","article_publisher":"https:\/\/www.facebook.com\/AkriviaHCM","article_modified_time":"2024-10-04T05:04:36+00:00","twitter_card":"summary_large_image","twitter_site":"@AkriviaHCM","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation","url":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation","name":"Regular Compensation | Meaning & Definition | Akrivia HCM","isPartOf":{"@id":"https:\/\/akriviahcm.com\/resources\/#website"},"datePublished":"2022-01-07T13:32:33+00:00","dateModified":"2024-10-04T05:04:36+00:00","description":"Regular compensation is an arrangement in which a worker receives the same pay every pay period. It does not include any fluctuation in payment.","breadcrumb":{"@id":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation#breadcrumb"},"inLanguage":"en","potentialAction":[{"@type":"ReadAction","target":["https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/regular-compensation#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/akriviahcm.com\/resources"},{"@type":"ListItem","position":2,"name":"Regular Compensation"}]},{"@type":"WebSite","@id":"https:\/\/akriviahcm.com\/resources\/#website","url":"https:\/\/akriviahcm.com\/resources\/","name":"Akrivia HCM","description":"Hire to Retire HCM Suite","publisher":{"@id":"https:\/\/akriviahcm.com\/resources\/#organization"},"alternateName":"Akriviahcm.com","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/akriviahcm.com\/resources\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en"},{"@type":"Organization","@id":"https:\/\/akriviahcm.com\/resources\/#organization","name":"Akrivia HCM","url":"https:\/\/akriviahcm.com\/resources\/","logo":{"@type":"ImageObject","inLanguage":"en","@id":"https:\/\/akriviahcm.com\/resources\/#\/schema\/logo\/image\/","url":"","contentUrl":"","caption":"Akrivia HCM"},"image":{"@id":"https:\/\/akriviahcm.com\/resources\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/AkriviaHCM","https:\/\/x.com\/AkriviaHCM","https:\/\/instagram.com\/akriviahcm\/","https:\/\/www.linkedin.com\/company\/akrivia-hcm\/"]}]}},"_links":{"self":[{"href":"https:\/\/akriviahcm.com\/resources\/wp-json\/wp\/v2\/hr-glossary\/5293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/akriviahcm.com\/resources\/wp-json\/wp\/v2\/hr-glossary"}],"about":[{"href":"https:\/\/akriviahcm.com\/resources\/wp-json\/wp\/v2\/types\/hr-glossary"}],"wp:attachment":[{"href":"https:\/\/akriviahcm.com\/resources\/wp-json\/wp\/v2\/media?parent=5293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}