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Remuneration

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what is the remuneration
Replies (2)
Exact meaning i cant say...but similar to salary
As per my view, Salary in common parlance means any amount paid by an employer to his employees in lieu of services rendered by them.

whereas remuneration is generally taken by partner or director /promoter/owner ect. from the Partnership firm and company respectively, for the services rendered by them to the firm/company ect.

Some time salary or remuneration can be used interchangeably.

And wages is taken by workers for woking in a company/firm as a labour.

So, in common parlance, if Amount taken for service rendered by owners/partner is considered as remuneration, salary taken by middle level employees and wage taken by low level labour staff.


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