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The word 'remuneration' is correct and usable in written English.
It is most often used to describe money or some other benefit that is given to someone for providing goods or services. For example, "The company offered a generous remuneration package to their new employees."
Dictionary
remuneration
noun
Something given in exchange for goods or services rendered.
Exact(60)
A year ago more than a third of the bank's investors opposed its remuneration report, which saw bonuses increased despite a 30% fall in profits.
But it is also about making Britain's underlying economic model fairer so, for example, there are a series of measures aimed at taming runaway corporate pay, including forcing firms to offer their staff a seat on the remuneration committee.
Currently only boardroom salary is published but some banks pay top traders more than their chief executives, leaving shareholders in the dark on the overall remuneration structure in financial institutions.
"The maximum bonus at the moment I would be likely to get 5% of my salary and is a matter for the remuneration committee to consider at the appropriate time.
The figures above relate to the old-style advisory votes on companies' reports on remuneration for the past year.
The company reckoned 96.6% of investors supported the remuneration report.
At the peak of excess a top banking boss can receive £40m a year in remuneration.
She urged Greening to confirm whether she had fulfilled her commitment to appoint a representative on to Network Rail's remuneration committee.
"For Network Rail's remuneration committee to rename bonuses as retention payments and tell the AGM that bosses will quit if they don't get these payouts is a completely unacceptable way to put pressure on the body that exists to hold the company to account.
Each negotiation is done on a case by case basis, and we aim to reach an acceptable level of remuneration with each contributor.
But the vice president of the Australian Medical Association AMAA), Stephen Parnis, said the measures would "undermine remuneration arrangements" that had been in place for decades.
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