Workers Compensation

Business / Human Resources (HR) / Workers Compensation: State laws enacted to provide workers with protection and income replacement benefits due to an illness or injury suffered on the job. Employers must carry appropriate workers’ compensation insurance, as required by state law, or have a sufficient source of funding for claims incurred.

Loudness Compensation

Technology / Home Audio / Loudness Compensation: When played quietly, this switched circuit allows fuller apparent sound from a system such that the tendancy for human hearing sensitivity to drop off at certain frequencies is compensated and the ful MORE

Mutual Compensation

Technology / Cell Phones / Mutual Compensation: The concept that carriers must pay when they terminate traffic on the networks of carriers with which they are interconnected. MORE

Older Workers Benefit Protection Act (OWBPA) Of 1990

Business / Human Resources (HR) / Older Workers Benefit Protection Act (OWBPA) Of 1990: OWBPA amended the ADEA prohibiting all employers from age discrimination in employee benefits programs by either providing equal benefits for older and younger workers or by spending an equal amount o MORE

Lender Paid Compensation To Broker

Business / Loan / Lender Paid Compensation To Broker: This is also called the Yield Spread Premium. Fee which the lender pays to the mortgage broker for obtaining the loan for his client. MORE

Infrared Compensation Index

Entertainment / Photography / Infrared Compensation Index: Used to compensate the focus for black and white infrared film. Color ir film generally does not require compensation. MORE

Global Compensation

Business / Human Resources (HR) / Global Compensation: Pay practices relating to employees who are working on assignments in international locations. A service premium and additional incentives are often included in the compensation package to offset diff MORE

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