The term `remuneration definition
The term `remuneration means pay for services for hire, including pay for time lost, and tips, but pay for time lost shall be deemed earned on the day on which such time is lost. The term `remuneration' includes also earned income other than for services for hire if the accrual thereof in whole or in part is ascertainable with respect to a particular day or particular days. The term `remuneration' does not include (i) the voluntary payment by another, without deduction from the pay of an employee, of any tax or contribution now or hereafter imposed with respect to the remuneration of such employee, or (ii) any money payments received pursuant to any nongovernmental plan for unemployment insurance, maternity insurance, or sickness insurance."
Examples of The term `remuneration in a sentence
The term "remuneration" is to be understood in line with Chapter 14 A in the WEA.
The term remuneration covers the salary, incentives, benefits and other payments that are made available to employees.