Remuneration is the total compensation received by an employee. It includes not only base salary but any bonuses, commission payments, overtime pay, or other financial benefits that an employee receives from an employer.

Are benefits part of remuneration?

A remuneration package is the total combination of benefits that an individual receives in exchange for employment. Remuneration packages include wages or salary, bonus offers, mobile phones, company cars, travel allowances, stock options and other benefits.

What's included in remuneration?

Remuneration will include: salary, fee, bonus, wage, gratuity, pension, leave encashment, emolument, voluntary award, commission, annuity, stipend, overtime, superannuation allowance, retirement allowance, lump sum benefit payment, director's remuneration, etc.