How do you use remuneration in a sentence?

Remuneration in a Sentence ?

The salary earned by teachers is not enough remuneration for all the work they do on a daily basis.
If you want Frank to build your deck, you will have to pay for lumber and give him remuneration for his time.

What is a remuneration agreement?

1.1. Optional remuneration arrangements are arrangements where the employee is given a benefit in return for giving up some form of salary, cash pay or allowance.

What is meant by term remuneration?

Remuneration is any type of compensation or payment that an individual or employee receives as payment for their services or the work that they do for an organization or company. The distribution of shares may be based on the employee’s pay scale, terms of.

What is another term for remuneration?

In this page you can discover 37 synonyms, antonyms, idiomatic expressions, and related words for remuneration, like: compensation, pay, profit, payment, quittance, repayment, bounty, setoff, commission, honorarium and wages.

Is remuneration same as salary?

Remuneration is a broad-based term that is meant to represent all the ways in which an employee is compensated for labor and his or her role within a company. A salary, on the other hand, is a subset of remuneration, and refers to a fixed payment for labor or services that is provided on a regular basis.

What is the difference between remuneration and compensation?

Compensation vs Remuneration Finding the difference between Compensation and Remuneration is indeed a tough one. The ideal way to distinguish the terms is to think of Compensation as referring to monetary payments while Remuneration refers to both monetary and non-monetary payments.

What makes up a remuneration package?

A remuneration package is the complete bundle of pay, benefits and perks given (or offered) to an employee. It can typically include a range of options and incentives, in addition to the employee’s salary: Bonuses, commission, and performance-related pay. Expense reimbursements and fuel allowances.

Are benefits included in remuneration?

Remuneration is the total amount paid to an employee. It may include a salary or hourly rate, bonuses, commissions, or any other payment. In the view of the IRS, remuneration is the sum total of earnings and other taxable benefits and allowances.

What is the difference between compensation and remuneration?

Compensation vs Remuneration The ideal way to distinguish the terms is to think of Compensation as referring to monetary payments while Remuneration refers to both monetary and non-monetary payments.

Is remuneration and compensation the same?

What is the opposite meaning of remuneration?

▲ Opposite of the act of offering something as payment. nonpayment. evasion. defaulting.

Is remuneration paid monthly?

Calculation of remuneration and wages An employee’s monthly remuneration or wage is four and one-third times the employee’s weekly remuneration or wage, respectively. if the employee has been in employment for a shorter period, that period.