A compensation policy refers to a set of rules or guidelines that an organization follows to determine how much money or benefits they will give to their employees for their work. Full definition
Some states even require there to be a workers compensation policy in place if there are two or more workers. (valuepenguin.com)
For example, suppose you receive a letter from your insurer stating that it has decided to cease writing workers compensation policies in your state. (thebalance.com)
The stability of value - added measures of teacher quality and implications for teacher compensation policy. (semanticscholar.org)