Remuneration is the compensation that one receives in exchange for the work or services performed; not to be confused with giving (away), or donating, or the act of providing to. A number of complementary benefits, however, are increasingly popular remuneration mechanisms. Remuneration is one component of reward management.
Remuneration can include:
- Compensation methods (in online advertising and internet marketing)
- Employee stock option
- Fringe benefit
The word "remuneration" is often misspelled as "renumeration", which simply means counting or re-counting.
- The dictionary definition of remuneration at Wiktionary