What context can I use each word in?
Learn when and how to use these words with these examples!
compensation
Example
The company offers competitive compensation packages to attract top talent. [compensation: noun]
Example
The victim received compensation for the damages caused by the accident. [compensation: noun]
remuneration
Example
The CEO's remuneration package includes a base salary, bonuses, and stock options. [remuneration: noun]
Example
The consultant's remuneration was based on the number of hours worked and the complexity of the project. [remuneration: noun]
Good things to know
Which word is more common?
Compensation is more commonly used than remuneration in everyday language, while remuneration is more commonly used in professional or business contexts.
What’s the difference in the tone of formality between compensation and remuneration?
Remuneration is more formal than compensation and is often used in professional or legal contexts, while compensation is more versatile and can be used in both formal and informal contexts.