noun
emolument
ih-MAHL-yuh-munt/ɪˈmɑːljumənt/
Payment or profit received from employment or holding an office.
The position carries a modest salary and no additional emoluments.

Etymology
Latin emolumentum meant “profit” or “benefit.” Its possible connection with “grinding out” rests on the suggestion that it originally named a miller’s fee—a particular service payment that could have broadened into compensation generally.
In context
emolument is tied to kind of the amount of money that somebody gets directly for serving in the office
More examples
- Officials must report all emoluments received from outside employment.
- The contract lists housing as an emolument of the job.
- She declines the emoluments of office but accepts reimbursement for expenses.
Forms
emolument · emoluments
Similar words
- remuneration
- Usually means money paid for services, rather than broader benefits.
- salary
- Specifically denotes fixed regular pay, excluding additional perks or fees.
- compensation
- Covers wages and benefits, but also payments for loss.