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Remuneration
Employment Law

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Term: remuneration

1.

Remuneration means payment in money or money’s worth for services performed whether as an employee or as a consultant (otherwise known as a freelancer). Also, emolument, reward or recompense for services rendered or work done.

Usage: The employee was paid their remuneration om the first day of the month.

Related Words: contractor; employment contract.


 

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