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 ?
As published in the ING Group Integrated Annual Report 2017, the Supervisory Board proposed to amend the Executive Board remuneration policy to bring the remuneration for the CEO more in line with an adjusted median of European companies.
KNOW THE LAW: The employer has to pay 50 per cent extra remuneration for working on a national holiday along with a compensatory off day or 150 per cent of the basic remuneration of its employees.
So the remuneration paid to independent directors was also muted," said Shailesh Haribhakti, chairman of audit and accounting firm Haribhakti and Co.
The move comes as Next unveiled a new remuneration policy for the three years to 2020, which will face a binding shareholder vote at the firm's annual general meeting (AGM) on May 18.
7% of the increase in the remuneration of the incumbents, reached 436.
Members continue to pay close attention to levels of remuneration, and it is essential that companies adequately justify the level of remuneration awarded to executives".
Social insurance contributions paid on lower remuneration lead to the inability of employees to prove the origin of their income.
The debate about executive remuneration has focused on three elements: structure, governance and disclosure (Ferrarini et al.
There are many types of disguised remuneration schemes.
In 2012, there were three bankers in Cyprus whose overall annual remuneration exceeded e1/41m.
United Bank's president and CEO Wajahat Husain topped the list with total remuneration of Rs127.
Editors Kostyuk, Stiglbauer, and Govorun present readers with a collection of expert opinions and scholarly essays on the theory, process, and application of determining appropriate remuneration for corporate directors in the face of the recent financial crisis.