Employee Compensation Record
/ˌɛm.plɔɪ.i kɒm.pənˈseɪ.ʃən ˈrɛk.ərd/
Definitions
- (n.) A documented record maintained by an employer detailing wages, salaries, bonuses, benefits, and other forms of remuneration paid to an employee.
The company retained the employee compensation record for auditing purposes.
Forms
- employee compensation record
- employee compensation records
Related terms
See also
Commentary
Typically used in compliance and auditing contexts, accuracy and confidentiality in maintaining these records are legally critical.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.