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"determine compensation" is correct and usable in written English.
You can use it when discussing the process of establishing how much someone should be paid (or what kind of benefits they should receive) for a certain job position. For example: "The Human Resources department will meet next week to determine compensation for the new employee."
Exact(32)
It's a largely merit-based system, where results determine compensation.
A further hearing will determine compensation against the Church of England diocese.
Lawyers said cases regarding emotional suffering are some of the hardest in which to determine compensation.
I think boards need to develop a balanced scorecard for assessing performance, which will then help to determine compensation.
In the legal profession, a divergent change might be to use a measure other than billable hours to determine compensation.
"Appointing a non-independent body to determine compensation is open to abuse," said DA spokeswoman Lindiwe Mazibuko.
Similar(28)
Goldman also announced on Thursday that, for the first time, it would give its shareholders a say in determining compensation.
But in his Senate testimony last week, Mr. Stumpf seemed to back away from a role in determining compensation.
A clear and objective model for determining compensation would be helpful to reduce controversy.
Pay-for-performance is only present in profitable firms, but even there plays a small role in determining compensation.
Gray said he had reviewed the terms of the scheme and it "provides a fair, effective and speedy means for determining compensation".
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com