remuneration


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Compensation

Payment for services rendered. One is due compensation when one has performed a service for an employer or client. Examples of compensation include wages, salaries, tips, fees, and commissions. Compensation is usually the primary component of an individual's tax liability. It is also called remuneration.

remuneration

the PAY or reward to workers and managers for their labour services, in the form of WAGES, SALARIES and bonuses.
References in periodicals archive ?
Finally, Andy will receive the standard Fidessa benefits package as set out in the most recent Directors' Remuneration Report.
The firm has named Anita Frew as chairman of its remuneration committee.
Decades of perceived excess executive remuneration and
This comparative guide, the third in our series on banking reform, highlights the significant differences in approach to remuneration across the world's major financial centres.
According to the first article of the new decree, national service recruits who are self-employed professionals and owners of personal enterprises will receive remuneration of Dh3,000 a month.
A fee-based contract employee working for three firms and being paid from each of them remunerations that annually exceed the amount of 12 minimum wages will be paid pension and health insurance contributions by all three employers.
The chairmen and members of governmental councils and committees created in compliance with the Law or Royal Decree or those created reliant upon an Edict from the Prime Minister, shall be paid a maximum remuneration amount of BD 8,000 per annum after approval from the Cabinet (i.
Using a cross-Canada sample of twenty-two municipal remuneration and compensation reports, this article identifies four common themes within the reports with a focus on operationalizing the common key criteria found within those themes.
Since the passing of the Assembly Act, an appointed Wales Audit Office auditor has found changes to the remuneration package of Pembrokeshire and Carmarthenshire local authority chief executives also to be "unlawful".
According to law firm Charles Russell, the CBB is now seeking to incorporate the Basel Committee's Pillar 3 measures relating to the composition of capital and remuneration into its regulatory framework through the introduction of the new remuneration rules in its Rule Book.
In Royal Mail's annual report and financial statements published yesterday, it was revealed that Business Secretary Vince Cable had told the remuneration committee it should have sought his approval for the payment.
The superstar is all set to become the top- paid television personality, with his per- episode remuneration reportedly increased to ` 5 crore for the seventh season of Bigg Boss .