Remuneration
/rɪˌmjuːnəˈreɪʃən/
Definitions
Payment given for goods or services provided; reward or recompense.
/rɪˌmjuːnəˈreɪʃən/
Payment for services or work done.
The company offered a generous remuneration plan, including bonuses and benefits.
💡 Simply: Imagine you help your neighbor carry their groceries. Remuneration is like the money or a thank-you gift they give you in return for your effort. It's the payment you get for doing something.
👶 For kids: It's like when you get paid for doing your chores or helping someone.
More Examples
The artist received a considerable remuneration for the commissioned portrait.
The board decided to increase the CEO's remuneration based on the company's performance.
How It's Used
"The company offered a competitive remuneration package to attract top talent."
"The court ordered remuneration for the damages suffered."
Idioms & expressions
remuneration package
The total amount of pay and benefits offered to an employee.
"The company's remuneration package includes a competitive salary, health insurance, and retirement plan."
From Latin remuneratio, meaning 'a rewarding, recompense', derived from remunerari ('to reward'), from re- ('again') + munerari ('to give a gift'), from munus ('gift, service').
The term remuneration has been used since the 17th century, primarily in business and legal contexts to describe a reward for services or work.
Memory tip
Remember 'remuneration' as the 're' ward you get for your 'munera' (duties) or work.
Word Origin
"to reward, recompense"