Surf Wiki
Save to docs
general/employment-compensation

From Surf Wiki (app.surf) — the open knowledge base

Remuneration

Compensation that one receives in exchange for the work or services performed

Compensation that one receives in exchange for the work or services performed

Remuneration is the pay or other financial compensation provided in exchange for an employee's services performed (not to be confused with giving (away), or donating, or the act of providing to). Remuneration is one component of reward management. In the UK, it can also refer to the automatic division of profits attributable to members in a Limited Liability Partnership (LLP).

Types

Remuneration can include:

  • Commission
  • Employee benefits
  • Employee stock ownership
  • Executive compensation
    • Deferred compensation
  • Salary
    • Performance-linked incentives
  • Wage
  • Mandatory compensation payable by an employer to an employee for the benefit obtained from a patent for an invention made by an employee

United States

For wage withholding purposes under U.S. income tax law, the term "wage" means remuneration (with certain exceptions) for services performed by an employee for an employer.

Under the faithless servant doctrine, a doctrine under the laws of a number of states in the United States, and most notably New York State law, an employee who acts unfaithfully towards his or her employer must forfeit all remuneration received during the period of disloyalty.

References

References

  1. [http://www.wordreference.com/definition/remuneration remuneration – WordReference.com Dictionary of English]
  2. ''See generally'' subsection (a) of {{usc. 26. 3401.
  3. (2019). "Employment Law: Private Ordering and Its Limitations". Wolters Kluwer Law & Business.
  4. (2004). "Annual Institute on Employment Law". Practising Law Institute.
  5. (2009). "New York Jurisprudence 2d". West Group.
  6. (2009). "Labor Cases". Commerce Clearing House..
  7. Ellie Kaufman. (May 19, 2018). "Met Opera sues former conductor for $5.8 million over sexual misconduct allegations".
Info: Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

employment-compensation
Want to explore this topic further?

Ask Mako anything about Remuneration — get instant answers, deeper analysis, and related topics.

Research with Mako

Free with your Surf account

Content sourced from Wikipedia, available under CC BY-SA 4.0.

This content may have been generated or modified by AI. CloudSurf Software LLC is not responsible for the accuracy, completeness, or reliability of AI-generated content. Always verify important information from primary sources.

Report