remuneration

/rɪˌmjuːnəˈreɪʃən/
nounIntermediate
💼Business
formal

Payment or compensation given for work or services rendered, typically in the form of wages, salary, or other benefits.

Her remuneration includes a base salary, bonuses, and stock options.

Her pay consists of a fixed salary, extra earnings based on performance, and company shares.

💡

Often used in formal or professional contexts, such as job offers or employment contracts.

💰Finance
Finance

Financial compensation or reward for a service or activity, sometimes including non-monetary benefits.

The consultant's remuneration was negotiated to include a percentage of the project's profits.

The consultant's payment was agreed to include a share of the project's earnings.

💡

In finance, remuneration may refer to more complex compensation structures, such as profit-sharing or equity.

Collocations

competitive remunerationattractive pay and benefitstotal remunerationall forms of payment and benefits combinedremuneration packagea complete compensation offer, including salary and benefits

Synonyms

Antonyms

Related Phrases

remuneration structurephrase
the way compensation is organized in a company
remuneration policyphrase
a company's official guidelines on how employees are paid

💡Pro Tip

Formal vs. Informal Use

Use 'remuneration' in professional or formal settings. In casual conversation, 'pay' or 'salary' is more common.

Gold Rule

Avoid Confusion

Do not confuse 'remuneration' with 'reimbursement', which refers to repaying expenses rather than paying for work.

📖Word Origin

From Latin 'remuneratio', meaning 'repayment', from 'remunerare' ('to reward').

📝Usage Notes

While 'remuneration' is often used interchangeably with 'salary' or 'wages', it typically refers to the total compensation package, including bonuses, benefits, and other perks.

Word Breakdown

re-
back
prefix
+
-muner-
payment
root
+
-ation
the act of
suffix
English Dictionary