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). A number of complementary benefits in addition to pay are increasingly popular remuneration mechanisms. Remuneration is one component of reward management.
Remuneration can include:
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.
The word "remuneration" is often misspelled as "renumeration", which simply means counting or re-counting.
- remuneration - WordReference.com Dictionary of English
- See generally subsection (a) of 26 U.S.C. § 3401.