renumeration

[rɪˌnjuːməˈreɪʃən]

renumeration Definition

payment or compensation received for services or work done.

Using renumeration: Examples

Take a moment to familiarize yourself with how "renumeration" can be used in various situations through the following examples!

  • Example

    The company offers competitive remuneration packages.

  • Example

    His renumeration for the project was quite generous.

  • Example

    The employees were satisfied with their renumeration.

  • Example

    The contract specifies the terms of renumeration.

renumeration Synonyms and Antonyms

Phrases with renumeration

  • the basic salary or wage paid to an employee, not including bonuses or other forms of compensation

    Example

    The base renumeration for the position is $50,000 per year.

  • performance-based renumeration

    a type of compensation that is tied to an employee's performance, such as bonuses or profit-sharing

    Example

    The company offers a performance-based renumeration system to incentivize employees.

  • the total amount of compensation received by an employee, including salary, bonuses, benefits, and other forms of payment

    Example

    The company provides a comprehensive total renumeration package to attract top talent.

Origins of renumeration

from Latin 're-' meaning 'again' + 'numerare' meaning 'to count'

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Summary: renumeration in Brief

The term 'renumeration' [rɪˌnjuːməˈreɪʃən] refers to payment or compensation received for services or work done. It includes base renumeration, performance-based renumeration, and total renumeration. Examples of usage include 'The company offers competitive remuneration packages.' and 'The contract specifies the terms of renumeration.'