Remuneration

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).[1] A number of complementary benefits in addition to pay are increasingly popular remuneration mechanisms.[citation needed] 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).