Remuneration: meaning, definitions and examples

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remuneration

 

[ rɪˌmjuːnəˈreɪʃən ]

Noun
Context #1 | Noun

salary

Payment for work done; a salary or wage.

Synonyms

compensation, payment, salary, wage.

Which Synonym Should You Choose?

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Word Description / Examples
remuneration

Used in formal situations, often in legal or business contexts, to describe money paid for work or services. It includes all forms of financial compensation like bonuses and benefits.

  • The board discussed the CEO's remuneration package.
  • Employees are entitled to fair remuneration for their work.
payment

Generally used in everyday language to refer to the act of paying money for goods, services, or work done. It can be a one-time transaction or periodic.

  • The payment is due by the end of the month.
  • I receive payment for my freelance writing projects.
compensation

Used in both formal and informal settings to refer to money given for services rendered, but also for injury or loss. It can include salaries, bonuses, and other forms of payment.

  • He received compensation for the extra hours he worked.
  • She was given financial compensation after the accident.
wage

Typically used to refer to hourly or daily payment for labor, often associated with manual or unskilled work. It can also indicate weekly payment.

  • The minimum wage was recently increased.
  • He receives his wage every Friday.
salary

Commonly used to refer to a fixed, regular payment made by an employer to an employee, typically on a monthly or bi-weekly basis. Often associated with professional or office jobs.

  • She earns a good salary at her new job.
  • The company offers competitive salaries to attract top talent.

Examples of usage

  • The company offers competitive remuneration for its employees.
  • Her remuneration package includes bonuses and benefits.
Context #2 | Noun

compensation

Something given or received as an equivalent for services, debt, loss, injury, suffering, lack, etc.; compensation; recompense.

Synonyms

compensation, payment, recompense, reward.

Which Synonym Should You Choose?

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Word Description / Examples
remuneration

Used in formal settings, often in business contexts to refer to the payment or financial reward given for services or employment.

  • The CEO's remuneration package includes a substantial salary and stock options
  • Employee remuneration should reflect their skills and contributions
compensation

Generally used to refer to money or other benefits given to someone to make up for loss, injury, or work performed. It can be used in both legal and business contexts.

  • The company offered generous compensation to the workers who were laid off
  • She received compensation for the injury she sustained at work
recompense

Often used in more formal or literary contexts to mean payment or reward given for loss, suffering, or effort. It can imply a sense of making things right.

  • He received little recompense for all his hard work
  • The insurance company provided recompense for the damages caused by the flood
payment

A general term for giving money in exchange for goods, services, or to settle a debt. It can be used in everyday financial transactions.

  • Please make your payment at the cashier's desk
  • The payment for the invoice is due next week
reward

Typically used in everyday language to refer to something given in return for good behavior or an achievement. It often has a positive connotation.

  • The student received a reward for her excellent grades
  • He earned a reward for his honesty in returning the lost wallet

Examples of usage

  • He received fair remuneration for his services.
  • The remuneration for the damages caused by the accident was settled in court.

Translations

Translations of the word "remuneration" in other languages:

🇵🇹 remuneração

🇮🇳 प्रतिफल

🇩🇪 Vergütung

🇮🇩 imbalan hasil kerja

🇺🇦 винагорода

🇵🇱 wynagrodzenie

🇯🇵 報酬

🇫🇷 rémunération

🇪🇸 remuneración

🇹🇷 ücret

🇰🇷 보수

🇸🇦 تعويض

🇨🇿 odměna

🇸🇰 odmena

🇨🇳 报酬

🇸🇮 plačilo

🇮🇸 laun

🇰🇿 жалақы

🇬🇪 ანაზღაურება

🇦🇿 əməkhaqqı

🇲🇽 remuneración

Etymology

The word 'remuneration' comes from the Latin word 'remuneratio', which means 'a repaying'. It entered the English language in the early 17th century. The concept of remuneration has evolved over time, from simple barter systems to complex salary structures in modern economies. Today, remuneration is a crucial aspect of employment contracts, ensuring fair compensation for work done.

See also: remunerable, remunerative, remuneratively, unremunerated.

Word Frequency Rank

Position #8,055 indicates this is an advanced-level word. While not essential for basic communication, it will enhance your ability to understand and create more nuanced content.