remuneration
n. uncountable C1 Advanced US //ɹɪmˌjunɝˈeɪʃən// UK //ɹɪmjˌuːnəɹˈeɪʃən// re·mu·ner·a·tion
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.
From Latin remūnerātiō.
Usage
Often used in legal or corporate contexts; frequently paired with 'package' or 'level'.