Remuneration refers to the pay or other financial compensation provided in exchange for an employees services performed. It includes base salary, bonuses, commission payments, overtime pay, employee benefits, employee stock ownership, executive compensation, and wages. Remuneration is one component of reward management. It can also refer to the automatic division of profits attributable to members in a Limited Liability Partnership (LLP) in the UK.

Remuneration may include direct payment of money or taxable fringe benefits such as personal use of a company car. It is the total amount an employee receives for performing a job, including all other forms of financial compensation an employee receives. A company contribution to a retirement plan is deferred compensation and is a component of remuneration. At the executive level, remuneration may include a combination of salary, stock shares, bonuses, and other financial compensation. For employees in service jobs, tips are considered part of remuneration.

In summary, remuneration is the total compensation received by an employee, including base salary, bonuses, commission payments, overtime pay, employee benefits, employee stock ownership, executive compensation, and wages. It may also include deferred compensation, taxable fringe benefits, and tips.