Total remuneration is the total sum of an employee’s annual compensation package. It is inclusive of basic salary, commissions, incentives, and every financial and non-financial benefit. It is taxable income and thus the employer must withhold income taxes.
Two Types Of Remuneration Are There; 1. Direct and 2. Indirect.
Total Remuneration Includes:
Solving Real Business Challenges with a Robust & Impeccable System