remuneration
n.the money or other rewards you receive for doing work. It is a more formal way to say pay or salary.
n.money paid for work or a service; the total compensation package including wages and benefits.
“The job offers high remuneration but requires long hours.”
“The board of directors met to discuss the executive remuneration package, including bonuses and stock options.”
“While the base salary was modest, the total remuneration was significantly enhanced by a generous commission structure and comprehensive health benefits.”
Often used in legal or corporate contexts; frequently paired with 'package' or 'level'.
“But his initial contract is thought to have expired after the end of No Way Home, and the hugely increased remuneration is the result of a freshly negotiated new deal.”
From Latin remūnerātiō.
Etymology adapted from Wiktionary, available under CC BY-SA 4.0.