20140503

remuneration

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Term of the Day

remuneration

Reward for employment in the form of paysalary, or wage, includingallowancesbenefits (such as company car, medical planpension plan), bonuses, cash incentives, and monetary value of the noncash incentives.
Learn more about this term
Usage Example
I ultimately passed on the job offer because the remuneration didn't meet my needs - the salary was high but the company did not offer any medical benefits.
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