A compensation is a one-time non-salary fee compensation for labor input. What differs a compensation from salary is that the recipient is not usually employed by the payer, and aside from possible tax, no additional employer costs are applied.
Examples of compensation:
For associations and organizations:
- Meeting reward for a board member
- Compensation for referees and judges
- Fees for trainers and lecturers
For companies:
- Freelance projects and expert work
- Compensation for beta testers
- Rewards for interviews and surveys
- Training and consulting projects
For media and communications:
- Reward for a guest appearance on radio and TV programs
- Compensation for interviewees
- Fees for columnists and freelance writers