Ya and when I retire I get money the company paid in on my behalf. The same way with my insurance, it's not on my check but magically gets paid for by a invisible person. Fairy god mother I guesscom·pen·sa·tion
Variation
IPA[ˌkämpənˈsāSH(ə)n]
n. noun
SALARY OR WAGES
- 1. something, typically money, awarded to someone as a recompense for loss, injury, or suffering
seeking compensation for injuries suffered at work a compensation claim
Synonym : recompense, repayment, reimbursement, remuneration, requital, indemnification, indemnity, redress, damages, comp- 2. the action or process of awarding someone money as a recompense for loss, injury, or suffering
the compensation of victims- 3. the money received by an employee from an employer as a salary or wages
wage
Variation
IPA[wāj]
n. noun
EARNED INCOME that is a RETURN to LABOR which means you did something and got paid. Not a defined benefit which is what a pension is.
- 1. a fixed regular payment, typically paid on a daily or weekly basis, made by an employer to an employee, especially to a manual or unskilled worker
we were struggling to get better wages
Synonym : pay, payment, remuneration, salary, stipend, fee, honorarium, income, revenue, profit, gain, reward, earnings, paycheck, pay packet, emolument
- 2. the part of total production that is the return to labor as earned income, as distinct from the remuneration received by capital as unearned income
sal·a·ry
Variation
IPA[ˈsal(ə)rē]
n. noun
1. a fixed regular payment, typically paid on a monthly or biweekly basis but often expressed as an annual sum, made by an employer to an employee, especially a professional or white-collar worker
pen·sion
Variation
IPA[ˈpenSHən]
n. noun
- 1. a regular payment made during a person's retirement from an investment fund to which that person or their employer has contributed during their working life