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Difference Between Compensation and Remuneration

March 1, 2015Posted by行政

赔偿与报酬

Finding the difference between Compensation and Remuneration is indeed a tough one. The two terms have been used interchangeably or defined the same way countless number of times that it is difficult to draw a distinction. However, a common mistake is to think of Compensation as having the same meaning as Remuneration. The ideal way to distinguish the terms is to think of Compensation as referring to monetary payments while Remuneration refers to both monetary and non-monetary payments. Keep in mind that the terms are defined and understood differently by each person. Thus, there is no settled definition regarding this.

What is Compensation?

The term Compensation is defined assomething of value given in exchange for some other thing。Compensation can occur in two instances. The first instance refers to the monetary payment paid to someone for work carried out by that person. The second instance refers to the monetary payment given to a person who has suffered aloss或者injury. The first instance represents an ideal employer-employee scenario. Thus, Compensation can refer to the payment given to an employee for his/her services or work performed. This type of Compensation is typically in the form of asalary或者工资。第二个实例也可以在员工设置中存在。如果雇员由于为雇主履行工作而受到任何伤害或伤害,则雇主将支付该雇员赔偿。

Compensation can also include other forms of payment such as overtime payment, bonuses, payment to cover medical costs, and other miscellaneous payments. Some sources have defined Compensation to also include non-monetary payments. However, this definition will not really distinguish Compensation from Remuneration as we will see below. In the law too, Compensation refers to a form of monetary payment provided to a person who has suffered damage, harm, or injury. As mentioned before, Compensation is best understood as a monetary payment.

Difference Between Compensation and Remuneration

Salary is a compensation given to an employee

What is Remuneration?

We’ve all come across job vacancy advertisements that feature the following sentence.

“为合适的候选人提供有吸引力的报酬计划。”

Notice that many of these advertisements use the term Remuneration rather than Compensation. This is because Remuneration is used to connote something broad, like a package, essentially implying that it is not only a salary, but many other benefits that are included in this “package.” In general, Remuneration is referred to as支付给员工的服务或工作。Typically, this is the payment of a salary or wage. However, Remuneration is much broader and encompasses not only the periodic payment given to an employee but also other payments and非货币福利。It is the whole package offered to an employee during his/her term of employment with the employer. Monetary benefits include salary, overtime pay, vacation pay, bonuses and performance-related payments. Non-monetary payments refer to benefits such as the provision of a company vehicle, medical and/or hospitalinsurance, food and shelter,pension或者retirement schemes, family support schemes, child care, subscriptions and any other benefits.

赔偿与报酬

公司车辆的提供是报酬

What is the difference between Compensation and Remuneration?

It is evident then that the terms Compensation and Remuneration are not synonymous. Although common tendency is to equate the two terms, this is not accurate.

• Compensation, ideally, refers to a form of monetary payment for either the performance of some work or service or as a recompense for a damage or injury suffered. It is, therefore, of a financial nature.

•相反,薪酬是一个更广泛的期限,不仅是指工作或服务绩效的货币支付,还包括非货币付款,例如医疗保险,家庭支持,住房,运输,交通,退休金计划和/或其他退休福利。理想情况下,它包括支付给雇员损害或雇员造成的伤害的赔偿。

图像提供:

  1. 钱通过Pixabay(公共领域)
  2. 梅赛德斯·奔驰byNRMA汽车和服务(CC由2.0)

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Compensation vs Restitution补偿和赔偿之间的差异 Difference Between Salary and HourlyDifference Between Salary and Hourly 工资和报酬之间的差额工资和报酬之间的差额 Difference Between Remuneration and Salary 赔偿和赔偿之间的差额赔偿和赔偿之间的差额

Filed Under:Human Resources标记为:赔偿,赔偿and remuneration,Compensation and Remuneration difference,薪酬定义,赔偿meaning,赔偿means,报酬,报酬and compensation,报酬definition,报酬meaning,报酬means

About the Author:行政

来自工程和人力资源开发背景,在内容开发和管理方面拥有10多年的经验。

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