The Collaborative International Dictionary of English v.0.48:

Compensatory \Com*pen"sa*to*ry\, a.
   Serving for compensation; making amends. --Jer. Taylor.
   [1913 Webster]

Moby Thesaurus II by Grady Ward, 1.0:

62 Moby Thesaurus words for "compensatory":
   amendatory, apologetic, ascetic, atoning, balancing, cleansing,
   compensating, compensational, compensative, counteracting,
   counteractive, counterbalancing, countervailing, expiatory,
   indemnificatory, lucrative, lustral, lustrational, lustrative,
   moneymaking, offsetting, paying, penitential, piacular, profitable,
   propitiatory, punitive, purgative, purgatorial, purifying,
   reciprocal, reclamatory, recompensing, recompensive, rectifying,
   redeeming, redemptional, redemptive, redressing, remunerative,
   reparative, reparatory, repaying, repentant, repenting,
   restitutional, restitutive, restitutory, restorative, retaliative,
   retaliatory, retributive, retributory, reversional, reversionary,
   revertible, rewardful, rewarding, righting, satisfactional,
   satisfying, squaring