What Is Remuneration Meaning

June 29, 2021 Post a Comment

Something such as a payment that remunerates. A Law Dictionary Adapted to the Constitution and Laws of the United States.

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In general Remuneration is referred to as the payment made to an employee for hisher services or work.

What is remuneration meaning. Money paid for work or a service. Remuneration definition is - something that remunerates. And if salaries and remuneration take up the bulk of the money then how is the remainder allocated.

Pay for work or services. States vary in their definitions of remuneration for taxes and wokers compensation. American Heritage Dictionary of the English Language Fifth Edition.

Typically this is the payment of a salary or wage. Remuneration is payment or compensation received for services or employment. Remuneration is the pay or other financial compensation provided in exchange for an employees services performed not to be confused with giving away or donating or the act of providing to.

Members of the board usually approve executive pay packages that are aimed at creating value for the company and encouraging executives to perform effectively. To pay an equivalent to for service or loss or expense. Remuneration refers to the compensation made to someone in exchange for services provided during the course of employment.

A Little More on What is Remuneration Remuneration is the overall compensation that an executive or employee gets. The act of remunerating. Remuneration usually refers to financial compensation and is determined by the companys board of directors falling under the purview of corporate governance.

A number of complementary benefits in addition to pay are increasingly popular remuneration mechanisms. In other words it is compensation or reward for doing something. From a workers compensation perspective rumuneration is the exposure basis used in the premium calculation process.

Remuneration synonyms remuneration pronunciation remuneration translation English dictionary definition of remuneration. However Remuneration is much broader and encompasses not only the periodic payment given to an employee but also other payments and non-monetary benefits. The process of directors remuneration came about because of shareholder concerns that directors were rewarding themselves large salaries despite showing poor profits or revenue.

Payment for work or services. For the most part they are claims for additional remuneration on the grounds that the nature and scope of the contract works have changed. More technically we can define remuneration as the sum of all the financial and.

What is payroll or remuneration and how does it effect workers compensation premium. Someones remuneration is the amount of money that they are paid for the work that they do. How to use remuneration in a sentence.

Remuneration basically refers to payment. Remuneration is the act of compensating. Remuneration is the money and non-cash compensation an employee or executive of a company receives for doing their job.

This includes a base salary and any bonuses or other economic benefits that an employee or executive receives during. Directors remuneration is the process by which directors of a company are compensated either through fees salary or the use of the companys property with approval from the shareholders and board of directors. Remuneration is any type of compensation or payment that an individual or employee receives as payment for their services or the work that they do for an organization or company Corporation A corporation is a legal entity created by individuals stockholders or shareholders with the purpose of operating for profit.

Remuneration definition the act of remunerating. A persons salary bonuses if any and economic advantages are all considered to be a part of remuneration. Payment for work or services.

It includes salary or wages commissions incentives bonuses and the value of rental properties meals and other perks that are paid for by the company.

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