If you want compensation, put your clothes on again (7)
I believe the answer is:
redress
'if you want compensation put your' is the definition.
I can't judge whether this defines the answer.
'clothes on again' is the wordplay.
'clothes' becomes 'dress' (dress is a kind of clothes).
'on' is a charade indicator (letters next to each other).
'again' becomes 're' (prefix meaning 'again').
'dress' after 're' is 'REDRESS'.
Can you help me to learn more?
(Other definitions for redress that I've seen before include "Make amends for" , "Correct" , "Pay" , "Put right" , "remedy" .)