Remuneration

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Remuneration is the pay or other compensation provided in exchange for an employee's services performed (not to be confused with giving (away), or donating, or the act of providing to).[1] A number of complementary benefits in addition to pay are increasingly popular remuneration mechanisms.[citation needed] Remuneration is one component of reward management.

Types[edit]

Remuneration can include:

United States[edit]

For wage withholding purposes under U.S. income tax law, the term "wage" means remuneration (with certain exceptions) for services performed by an employee for an employer.[2]

Common misspelling[edit]

The word "remuneration" is often misspelled as "renumeration", which simply means counting or re-counting.

References[edit]

External links[edit]