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 ?
1-The recovery of advances or amount of money paid to the employee in excess of his entitlements, on condition that the amount deducted in this case does not exceed 10 per cent of his periodic remuneration;
2-Contributions which the law requires the employee to pay from his remuneration, e.g.
A collapse of remuneration after performance in the industry (industrialized countries)
In most industrialized countries with market economies, where remuneration systems have known for twenty years after World War II a major expansion.
A study of the 18 largest stock exchange-listed companies in Denmark revealed that the remunerations of their boards of directors had increased by 32% from 2000 to 2001, according to the Danish newspaper Politiken.
Professor Per Nikolai Bukh from the School of Economics in Arhus says the higher remunerations are a result of the much more demanding work the boards of directors do now than before.
Article 1 of the Annex on MEPs' remuneration states "Members elected to the European Parliament for the first time shall receive a monthly remuneration of (5,677.22 Euros)..
Under Article 2, MEPs re-elected in June 1999 may, as an exception to the new rule, either opt to receive the remuneration provided for in Article 1 or, for the du ration of Parliament's fifth term only (1999-2004), opt within 30 days of the beginning of the latter to continue receiving their national remuneration.
117 of 2014 on remuneration of recruits on national service and those called to reserve service.
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.
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.
The New Regulation applies to Approved Persons and Material Risk Takers receiving an annual remuneration amount exceeding One Hundred Thousand Bahraini Dinars (BD 100,000) (approximately US$265,000).