Remuneration is the total amount an employee receives for performing a job. Remuneration includes not only base salary but all other forms of financial compensation an employee receives. ... At the executive level, remuneration may include a combination of salary, stock shares, bonuses, and other financial compensation.
What are examples of remuneration?
They include:
- Salary.
- Hourly pay.
- Overtime pay.
- Commissions.
- Bonuses.
- Vacation, sick, and personal days.
- Payment of an employee's work-related travel expenses.
- Stock options.
What does remuneration work mean?
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.
