Difference between Remuneration and Wage

What is the difference between Remuneration and Wage?

Remuneration as a noun is something given in exchange for goods or services rendered while Wage as a noun is an amount of money paid to a worker for a specified quantity of work, usually expressed on an hourly basis.

Remuneration

Part of speech: noun

Definition: something given in exchange for goods or services rendered a payment for work done; wages, salary, emolument a recompense for a loss; compensation

Wage

Part of speech: noun

Definition: an amount of money paid to a worker for a specified quantity of work, usually expressed on an hourly basis.

Part of speech: verb

Definition: To wager, bet.To employ for wages; to hire.To conduct or carry out (a war or other contest).

Example sentence: The minimum wage should be a living wage.

We hope you now know whether to use Remuneration or Wage in your sentence.

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