Difference between wages and compensation in Korean

임금·보상

wages

임금wages

임금 means the money someone is paid for work, usually by a company or boss. It is used when talking about a worker’s pay. You may see it in simple phrases like “get wages” or “raise wages.”

How to say wages
compensation

보상compensation

Compensation (보상) is money, a gift, or help given because something bad happened or something was damaged. It can also mean a small reward to make up for a problem. You often use it when someone gets compensation, gives compensation, or asks for compensation.

How to say compensation

The difference

보상 is money or something given because of loss, damage, or special effort. 임금 is regular pay for work.