What is Remuneration?

Types Of Remuneration

Fixed Remuneration

The company predetermines it, and this does not change even with circumstances.

Variable Remuneration

This changes with the work that the employee performs and can increase and decrease with circumstances.

Incidental Remuneration

This is not related to any responsibility or task. Hence, people who are not associated with formal agreements are eligible for this remuneration

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