To make amends to someone for loss or harm suffered; to pay back or reward.

हानि का मुआवज़ा देना

English Usage: The company recompensed the employees for their extra hours worked during the project.

Hindi Usage: कंपनी ने परियोजना के दौरान काम किए गए अतिरिक्त घंटों के लिए कर्मचारियों को मुआवज़ा दिया।