remuneration

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Related to remunerate: acquainted, eradicating

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 ?
She added: "The effect of this leave operating as a stay is that PSC will proceed to remunerate its employees on irregular terms which if effected, the sums will be irrecoverable."In the 2013-2017 pay structure, the speakers of the National Assembly and Senate earned a maximum of Sh1,320,000, the leader of majority Sh1, 056,000, minority leader Sh1,020,670 and MPs as well as senators Sh710,000.Following the review, the speakers are to earn a monthly gross package of Sh1,155,000, their deputies Sh924,000, both majority and minority leaders Sh765,188 and the legislators Sh621,250.Related Stories
These proposals included adoption of the Annual Report 2016/17; the resolution to pay a dividend of DKK6.33 per share of DKK10 and a resolution to remunerate board members with a base remuneration of DKK400,000.
Corporations would remunerate the GACB when the audit work is done and these fees would then be forwarded to the firm completing the audit.