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remuneration

/rɪˌmjuːnəˈreɪʃən/

B2CEFR level
45/100Rarity: uncommon
TechnicalRegister

Law noun

The total pay and benefits received by a director or employee for their services.

The remuneration committee set the executives' pay by reference to comparable listed companies.

Similar: pay

Topic: Company & governance in Legal English

Business noun

The total pay and benefits an employee or director receives for their work.

The remuneration committee capped executive payouts after the shareholder revolt.

Similar: compensation

Topic: Governance in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Company & governance