noun
remuneration
rih-myoo-nuh-RAY-shun/rɪˌmjuːnəˈreɪʃn/
Payment for work or services.
The company offers fair remuneration for the work its employees do.
Etymology
The underlying image is giving back: remuneration is a return made for something received. In the selected sense, that return is payment for someone's work or services.
In context
particularly a time when people are suffering major cuts and services people are being made redundant usually low paid people being made redundant and they see these excessive salaries and remuneration packages to the top
More examples
- Her remuneration includes a salary and an annual bonus.
- We agree on remuneration before any consulting work begins.
- The volunteers receive no remuneration for their services.
Forms
remunerate verb — To pay someone for work or services.
remunerative adjective — Providing payment or a financial reward.
Similar words
- compensation
- Often includes benefits as well as direct payment for work.
- pay
- The everyday term for money received for work.
- salary
- A fixed, regular payment rather than any payment for services.