Remuneration is the total compensation received by an employee including base salary, bonuses, commission payments, overtime pay, and any other monetary benefits that the employee receives.

Perks such as an on-site gym or vacation time aren't counted as compensation because they don't involve money paid to the employee. However, benefits such as the use of a company car may count as remuneration and may be taxable income. Tips, although they are paid by customers rather than employers, count as compensation.