remuneration Definition
- 1money paid for work or a service
- 2compensation or reward given for loss or harm suffered or effort made
Using remuneration: Examples
Take a moment to familiarize yourself with how "remuneration" can be used in various situations through the following examples!
Example
The remuneration for this job is quite generous.
Example
He received no remuneration for his efforts.
Example
The company offers competitive remuneration packages to attract top talent.
remuneration Synonyms and Antonyms
Phrases with remuneration
performance-based remuneration
a compensation system where an employee's pay is based on their performance and productivity
Example
The company implemented a performance-based remuneration system to motivate employees and increase productivity.
the total compensation and benefits offered by an employer to an employee in exchange for their services
Example
The remuneration package includes a base salary, health insurance, and retirement benefits.
compensation that is just and reasonable for the work or service provided
Example
The workers demanded fair remuneration for their labor and threatened to strike if their demands were not met.
Origins of remuneration
from Latin 'remuneratio', meaning 'a repayment'
Summary: remuneration in Brief
The term 'remuneration' [riˌmyo͞onəˈrāSH(ə)n] refers to money paid for work or service, or compensation for loss, harm, or effort. It can be used in phrases like 'performance-based remuneration' and 'remuneration package,' denoting the total compensation and benefits offered by an employer. 'Fair remuneration' refers to just and reasonable compensation for work or service provided.
