what the difference between salary and remuneration, pls explain clearly
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Quick Summary
The discussion clarifies the distinction between salary and remuneration. Remuneration is a broader term that includes salary, but also encompasses additional benefits like incentives, bonuses, and non-monetary perks. Salary, therefore, is just one component of the overall remuneration package.
The word remuneration has bigger scope than that of Salary, Remuneration includes, incentives, bonus and non monetary benefits as well, whereas salary is one of the components in remuneration. Even ESOP can also be part of remuneration.