Collocations for compensate - verb

amply, fully
more than
The advantages of the plan more than compensate for the risks associated with it.

partially, partly

for
His strengths more than compensate for his weaknesses.

with
His voice doesn't have much range but he compensates with clever lyrics.

adequately, fairly, properly, well
fully, in full
People whose health has suffered will be compensated in full.

financially
I expect to be compensated financially.

for
The company will compensate you for the losses you have suffered.

Compensate is used with these nouns as the object:
employee, plaintiff, victim