Often in life people have something to lose. It can be anything: family, favorite things, time, money, credibility and more. Most often, the loss can not be returned, but you can try to replace it with any benefit to mitigate the pain of loss. Such a change is called compensation.
In fact, compensation – this is the kind of opportunity to bring back the lost, just in a different capacity. Benefits may not be quite equal. But “something” is better than “nothing”. All known compensation can be divided into four types:
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In some cases, the employer needs the workers but could not provide them with everything necessary. In such a situation the employee have additional unexpected expenses, which the company is obliged to return. Compensation is usually made in cash, and the amount of fully or partially corresponds to the incurred costs. This return form has received the name of "monetary compensation". For example, an organization hired an employee to work in another city. After moving he will have to live somewhere. However, the employer cannot provide him with a separate apartment or a place in a hostel, and the employee is not able to buy it. In this case, he will be forced to rent or to rent housing. But these costs require considerable resources. Therefore, the company assumes the obligation to pay him compensation for the forced hiring of premises. The funds paid monthly in the amount stipulated by the legislation of the country. The employee in turn to confirm the expenses must provide the management company a copy of the employment agreement.
In accordance with the labour legislation, each employee has the right to a well-deserved vacation. Article 115 of the labour code fixes the duration of the main holiday in the amount of 28 calendar days. There are a variety of additional leave provided in excess of the statutory. An annual time of rest increases, and the employee could recover for subsequent work. The calculation of the length are made without regard to after hours and weekends, and the amount is determined on the basis of average earnings. There are times when an employee requests leave early to get to work or even retiring, not using their right to leave. In such a situation, the company has the right to reimburse him for the days in monetary terms. Compensation for unused vacation 2013 is almost no different from previous 2012. The employee upon written request may receive compensation for all days in excess of twenty-eight, established by the state. In fact, it turns out that the money to reimburse only additional leave. Upon dismissal the person receives compensation in the last day of work along with final settlement. Otherwise, payment of the cash amount is made on the basis of agreement with the employer.
Article in other languages:
AR: https://tostpost.com/ar/the-law/4860-compensation-is-the-ability-to-return-something.html
BE: https://tostpost.com/be/zakon/8648-kampensacyya-geta-magchymasc-shto-nebudz-vyarnuc.html
HI: https://tostpost.com/hi/the-law/4862-compensation-is-the-ability-to-return-something.html
JA: https://tostpost.com/ja/the-law/4860-compensation-is-the-ability-to-return-something.html
KK: https://tostpost.com/kk/za/8651-kompensaciya-b-l-m-mk-nd-k-ne-vernut.html
PL: https://tostpost.com/pl/prawo/8653-kompensata-to-mo-liwo-co-odzyska.html
PT: https://tostpost.com/pt/a-lei/8649-a-compensa-o-a-oportunidade-de-devolver-a.html
TR: https://tostpost.com/tr/hukuk/8655-deme-yetene-i-herhangi-bir-geri.html
UK: https://tostpost.com/uk/zakon/8652-kompensac-ya-ce-mozhliv-st-scho-nebud-povernuti.html
ZH: https://tostpost.com/zh/the-law/5288-compensation-is-the-ability-to-return-something.html
Alin Trodden - author of the article, editor
"Hi, I'm Alin Trodden. I write texts, read books, and look for impressions. And I'm not bad at telling you about it. I am always happy to participate in interesting projects."
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