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What is remuneration?

remuneration
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What is remuneration?

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Remuneration means money or money substitutes, such as: • Wages • Payment for piece work • Commissions • Profit sharing plan • Davis-Bacon wages paid to employees (must be qualified under 401(a) and 501(a) of the Internal Revenue code for exclusion) • 401K and Cafeteria plan • Bonuses • Statutory payments • Overtime pay • Tool allowances • Holiday pay • Value of board, lodging • Vacation pay • Store certificates • Sick pay • Other substitutes for money

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