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What is a non remunerative position?
Non-remunerative work is a kind of work which is non-profitable in terms of money, i.e. one does not receive money from whatever he/she doing.In such cases, person works for free, may be to gain experience. examples include voluntary work, charity work.
What does remunerated mean in business?
What Does Remuneration Mean? Remuneration is the total amount paid to an employee. It may include a salary or hourly rate, bonuses, commissions, or any other payment. In the view of the IRS, remuneration is the sum total of earnings and other taxable benefits and allowances.
What remunerated means?
Definition of remunerate transitive verb. 1 : to pay an equivalent for their services were generously remunerated. 2 : to pay an equivalent to for a service, loss, or expense : recompense. Other Words from remunerate Synonyms Choose the Right Synonym More Example Sentences Learn More About remunerate.
What are remunerative accounts?
Remuneration Account means a record held on the Platform of remuneration due to the Adviser, which is held by SIML in a pooled corporate bank account until the agreed payment date.
What is remunerative rate?
Remuneration Rate means the percentage of Net Account Billings from the Companies retained by Customers.
What is difference between remuneration and salary?
Remuneration refers to salary as well as all the privileges provided to the employee by the organization. Salary is fixed and agreed upon by the employee as well as the employer. In most cases, remuneration is not fixed, the nature of remuneration can be agreed upon previously, but the amount of remuneration can vary.
What is a remunerated activity?
1. To pay (a person) a suitable equivalent in return for goods provided, services rendered, or losses incurred; recompense. 2. To compensate for; make payment for: remunerated his efforts. [Latin remūnerārī, remūnerāt- : re-, re- + mūnerārī, to give (from mūnus, mūner-, gift; see mei- in Indo-European roots).]
What is the difference between remuneration and renumeration?
Although “remuneration” looks as if it might mean “repayment” it usually means simply “payment.” In speech it is often confused with “renumeration,” which would mean re-counting (counting again). BUY THE BOOK!
What is interest accumulation?
Accumulated Interest means all the accrued and unpaid interest on the New Notes which is not paid on the first interest payment date when it is due, plus any unpaid interest thereon as provided for in the indenture governing the New Notes.
What is remuneration paid?
A signing bonus paid before or after an employment relationship begins is considered remuneration based on an employment agreement.
What is remuneration in business?
Remuneration refers to the total amount an employee receives for performing a service or for being employed by a company or organization. In the case of executives, remuneration is a reference to the combination of salary, options, bonuses, and other financial compensation.
What are the components of remuneration in the workplace?
At the executive level, remuneration can include options, bonuses, expense accounts, and other forms of compensation. These are generally detailed in an employment contract. The amount of remuneration and its components depend on many factors, including: The employee’s value to the company.
What is the difference between perks and remuneration?
What Is Remuneration? Remuneration is the total compensation received by an employee. It includes not only base salary but any bonuses, commission payments, overtime pay, or other financial benefits that an employee receives from an employer. A job perk may or may not be a component of employee remuneration.
What is the remuneration of executives?
Remuneration refers to the total amount an employee receives for performing a service or for being employed by a company or organization. In the case of executives, remuneration is a reference to…