A compensation method for a receiver is disclosed, the method includes: receiving and processing an incoming signal to generate an analog input signal; utilizing a time-interleaved parallel analog-to-digital converter (ADC) for converting the analog input signal to a digital input signal according to a plurality of clock signals of different phases; equalizing the digital input signal to generate a plurality of soft decision values; generating a plurality of hard decision values according to the soft decision values; calculating a plurality of error values according to the hard decision values and the soft decision values; and compensating the receiver according to at least part of the error values.