remuneration package — the total compensation and benefits offered to an employee, including salary, bonuses, insurance, and other perks
Part of speech: NOUN
Definition: the total compensation and benefits offered to an employee, including salary, bonuses, insurance, and other perks
Pronunciation (IPA): /rɪˌmjuːnəˈreɪʃən ˈpækɪdʒ/
Example Sentences
- His remuneration package includes a company car, free gym membership, and unlimited coffee - basically everything except a personal butler!
- The startup's remuneration package was so generous that employees joked about never wanting to leave the office.
- We need to design a remuneration package that attracts top talent in the industry.
remuneration package
NOUN[/rɪˌmjuːnəˈreɪʃən ˈpækɪdʒ/]
the total compensation and benefits offered to an employee, including salary, bonuses, insurance, and other perks
A thoughtful demonstration shows the remuneration package with consideration!
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🎤Pronunciation
🌳Etymology
Origin
The word 'remuneration' derives from Latin 'remunerare', meaning 'to give back' or 'to reward'. It combines 're-' (again) and 'munus' (gift, obligation), originally referring to the act of returning a gift or compensating someone for their service. In modern usage, it has evolved to mean payment or compensation, particularly for work or services rendered.
Breakdown
re- (again, back) + munus (gift, duty, obligation) + -ation (noun suffix forming abstract nouns). The term metaphorically describes how compensation is given in return for labor or service performed.
🎵Rhyme
🔗Collocations
📝Examples
“His remuneration package includes a company car, free gym membership, and unlimited coffee - basically everything except a personal butler!”
“The startup's remuneration package was so generous that employees joked about never wanting to leave the office.”
“We need to design a remuneration package that attracts top talent in the industry.”
“The HR department spent months creating the perfect remuneration package for senior positions.”
📚Related Words
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