Voluntary Compensation Endorsement,
What is The Meaning of Voluntary Compensation Endorsement?
Voluntary Compensation Endorsement refers to The Employees Injury Act allows employers to provide benefits to employees who are not eligible for legal benefits, such as employees, partners, sole proprietors, agricultural workers, domestic workers or employees traveling abroad. If an employee is injured on the job, he or she can choose to obtain service coverage under the Nominee Compensation Act or appeal under the common law.
A voluntary compensation agreement is a type of employee compensation that a company voluntarily receives for employees who are not legally obliged to receive employee compensation. They can be freelancers, top managers, individual companies, partners, etc. Voluntary termination agreements can help companies eliminate many risks.
Literal Meanings of Voluntary Compensation Endorsement
Meanings of Voluntary:
Volunteered, given or acted upon.
In operation, manufactured or maintained without payment.
The solo organ is played before, during or after the service.
(Competitive) Special achievements that remain to select actors.
Sentences of Voluntary
Synonyms of Voluntary
discretional, not required, honorary, free of charge, pro bono (publico), non-compulsory, volitional, unrewarded, permissive, up to the individual, elective, at one's discretion, without payment, open to choice, volunteer, without pay, without charge, for free, unsalaried, open, discretionary, for nothing, non-mandatory, optional, unpaid
Meanings of Compensation:
Some, usually money, given to someone in recognition of loss, injury or injury.
The process of hiding or compensating for psychological problems by moving in different directions.
The amount an employee receives from the employer in the form of salary or wages.
Sentences of Compensation
Claim for compensation for accidents at work.
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Synonyms of Compensation
payment, damages, satisfaction, repayment, redress, indemnification, solatium, comp, remuneration, requital, recompense, indemnity, meed, guerdon, reimbursement, reparations
Meanings of Endorsement:
(In the UK) A note on a driving license showing penalty points for violating driving.
A clause in an insurance contract that provides for an exception or change in insurance coverage.
Synonyms of Endorsement
seal of approval, validation, rubber stamp, confirmation, authentication, the thumbs up, countersigning, support, superscribing, recommendation, the nod, affirmation, backing, ratification, initialling, sanction, acceptance, witnessing, licence, signing on the back, the OK, authorization, championship, warrant