delayed compensation
Definitions
A form of payment or benefit, such as a pension or stock option, that is earned in the present but received at a future date.
The practice of deferring a portion of an employee's salary or earnings to a later time, often for tax-planning or retirement purposes.
Examples
The contract includes a clause for delayed compensation if the project timeline exceeds the agreed-upon deadline.
Many employees prefer immediate bonuses, but the company offered delayed compensation in the form of long-term stock options.
Due to the administrative error, the staff received their delayed compensation in the following month's payroll.
Synonyms
deferred payment postponed remuneration back pay accrued compensation late settlement arrears withheld wages
Antonyms
immediate payment upfront compensation prompt settlement instant remuneration advance payment prepayment spot cash