Remuneration is the pay or other financial compensation provided in exchange for an employee's services performed. A number of complementary benefits in addition to pay are increasingly popular remuneration mechanisms. Remuneration is one component of reward management.

What does remuneration mean on unemployment?

An employee who receives any remuneration from their base-period employer is not considered to be in unemployment. “Remuneration” is defined to include “severance, termination or dismissal pay.” G.L. c. ... The benefit year is extended by the number of weeks in which the employee's severance pay was disqualifying.

What does the word renumeration mean?

(Renumeration, a very rare word, means "to enumerate [to count or list] again.") It pays to know that the "-mun-" in remuneration is from Latin munus, meaning "gift," a root it shares with munificent, an adjective which means "very liberal in giving."