Compensation of Employees refers to amount paid to ____ by ____ for rendering ____ services.

Compensation of Employees refers to amount paid to Employee by Employer for rendering productive services.

Explanation:-

Compensation of Employees in general terms called wages and salaries paid to employees for providing their factor (productive) services.

But compensation of Employees is a broad term.

It comprises

COE = Wages and Salaries + Employer’s Contribution to Social Security Schemes