What's the difference between compensation and remuneration?

Compensation


Definition:

  • (n.) The act or principle of compensating.
  • (n.) That which constitutes, or is regarded as, an equivalent; that which makes good the lack or variation of something else; that which compensates for loss or privation; amends; remuneration; recompense.
  • (n.) The extinction of debts of which two persons are reciprocally debtors by the credits of which they are reciprocally creditors; the payment of a debt by a credit of equal amount; a set-off.
  • (n.) A recompense or reward for some loss or service.
  • (n.) An equivalent stipulated for in contracts for the sale of real estate, in which it is customary to provide that errors in description, etc., shall not avoid, but shall be the subject of compensation.

Example Sentences:

  • (1) The acute effect of alcohol manifested itself by decreasing mitochondrial respiration, compensated by increased glycolytic activity of the myocardium so that myocardial energy phosphate concentration remained unchanged.
  • (2) Results suggest that these resins should be used with some method to compensate for the shrinkage, when used as index material.
  • (3) Medical prevention and technique and then compensation for these occupational nuisances are then described.
  • (4) The hemorrhagic syndrome (HS) was identified in 16% of patients with chronic active hepatitis, in 26% with compensated and in 76% with decompensated LC.
  • (5) On 18 March 1996, the force agreed, without admitting any wrongdoing by any officer, to pay Tomkins £40,000 compensation, and £70,000 for his legal costs.
  • (6) level was increased in 13 of 19 measurements made in this group, state named "compensated hypothyroidism" according to Patel and Burger.
  • (7) While there has been almost no political reform during their terms of office, there have been several ambitious steps forward in terms of environmental policy: anti-desertification campaigns; tree planting; an environmental transparency law; adoption of carbon targets; eco-services compensation; eco accounting; caps on water; lower economic growth targets; the 12th Five-Year Plan; debate and increased monitoring of PM2.5 [fine particulate matter] and huge investments in eco-cities, "clean car" manufacturing, public transport, energy-saving devices and renewable technology.
  • (8) The solution to these problems would seem either to reduce the time spent in rectangular wires or to change to a bracket with reduced torque, together with appropriate second order compensations in the archwire or the bracket.
  • (9) A compensator connected to the section consisting of the pump-main line-operating member and including a pneumatic resistance and a flaxid non-elastic container enables it in combination with the feedback to maintain through the volumetric displacement of the gas, or changing the pump diaphragm position, the stability of the gas volume in the pneumatic transmission element of the assisted circulation apparatus.
  • (10) Sympathochromaffin catecholamines are not normally critical but compensate and become critical when glucagon is deficient.
  • (11) The stretch reflex in man has a direct role in compensating for small disturbances during motor tasks.
  • (12) The ideal prophylaxis should compensate for the undesired effects of an operation or injury on the coagulation system, without subjecting the patient to the danger of elevated tendency to bleed.
  • (13) Advocates would point to the influence Giggs maintains in the United midfield – developing a more creative game from a central role to compensate for the loss of his once blistering pace.
  • (14) A preliminary "profile" of the patient with low back pain who would likely benefit from manual therapy included acute symptom onset with less than a 1-month duration of symptoms, central or paravertebral pain distribution, no previous exposure to spinal manipulation, and no pending litigation or workers' compensation.
  • (15) The venture capitalist argued in his report, commissioned by the Downing Street policy guru Steve Hilton, in favour of "compensated no fault-dismissal" for small businesses.
  • (16) The government also faced considerable international political pressure, with the United Nations' special rapporteur on torture, Juan Méndez, calling publicly on the government to "provide full redress to the victims, including fair and adequate compensation", and writing privately to David Cameron, along with two former special rapporteurs, to warn that the government's position was undermining its moral authority across the world.
  • (17) Taxpayers will pick up an immediate £40m bill for compensating the four shortlisted companies that bid for the west coast franchise.
  • (18) Adreno-cortical compensation of the concentration of the hormone did not occur in the post-castration period.
  • (19) The principle of antagonistic compensation was presented by RIESENFELD in 1966 to explain the relative shortening and broadening of hypofunctional bones.
  • (20) But he won’t call.” Allardyce is also cynical about an offer from Swansea to compensate around 300 Sunderland fans who had booked trips to Wales before the date change.

Remuneration


Definition:

  • (n.) The act of remunerating.
  • (n.) That which is given to remunerate; an equivalent given, as for services, loss, or sufferings.

Example Sentences:

  • (1) A key way of regaining public trust will be reforming the system of remuneration as agreed by the G20.
  • (2) An employee's career advancement, professional development, monetary remuneration and self-esteem often may depend upon the final outcome of the process.
  • (3) It will not be so low as to put off candidates from outside the corporation but will be substantially less than Thompson's £671,000 annual remuneration – in line with Patten's desire to clamp down on BBC executive pay, which he said had become a "toxic issue".
  • (4) Until this year, only 18 remuneration reports had received a protest vote greater than 50% in the 10 years since the vote on pay was introduced by the Labour government.
  • (5) Management criticised The PAC was also critical of the BBC senior management, saying non-executive directors on the executive board remuneration committee "failed to provide an effective check on severance pay for the BBC's most senior staff".
  • (6) He was paid close to £1m in 2008, according to ITV's annual report , but is likely to see his remuneration package drop to around £250,000 when he gives up executive chairman responsibilities and becomes non-executive chairman.
  • (7) Some 59.29 % had opposed the remuneration report, a rebellion only exceeded by one at Royal Bank of Scotland (RBS) at the height of the banking crisis, and surpassing the 59% that voted against the £6.8m pay deal for Sir Martin Sorrell at his advertising company WPP in 2012.
  • (8) It added: "While the voluntary code for remuneration consultants specifies that they should not cross-sell services, anecdotal evidence and interviewees the High Pay Commission met during this research suggest this practice is widespread."
  • (9) Belinda Lester, from the employment law firm CKFT, agreed: "If they have a bad year, it's very difficult to cut back salaries"; the second big plus from the bank's point of view is "if a significant part of your remuneration is a bonus, these contracts will make it very clear that bonus is only payable if you're not leaving.
  • (10) At the group's recent annual meeting, members endorsed the Myners plan but backed motions opposing the remuneration packages for executives.
  • (11) In WPP's 2010 annual report published in April, Jeffrey Rosen, chairman of the compensation committee, said: "Given the increased importance of digital strategy to the group and Mr Read's personal development, an increase to his remuneration was in order."
  • (12) The code makes clear that this resolution “prohibits paid advocacy”, but it does “not prevent a Member from holding a remunerated outside interest as a director, consultant, or adviser, or in any other capacity”.
  • (13) Trinity Mirror attempted to placate investors in April with a new pay deal for Bailey that reduced her remuneration by about £500,000, but that failed to satisfy some major shareholders.
  • (14) On the way to implementing this requirement, the following points must be taken into account: the measurability of the quality of medical care, establishment of the quality of structure, treatment and results, aids for the determination and documentation, remuneration, and the motivation for implementing quality control.
  • (15) Remuneration committees are approaching any increase in pay-outs with caution to ensure they accurately reflect performance and satisfy shareholders."
  • (16) Berkett, who has just been awarded a £100,000 increase in basic salary to £650,000 backdated to 1 April 2010, actually took a comparative 18% year-on-year cut to his total remuneration package.
  • (17) There was no mention of UKFI's opposition in the prepared statements in the annual report by Penny Hughes, the non-executive director who chairs the remuneration committee.
  • (18) "We will continue to reduce the number of senior managers and the senior managers paybill, and the executive remuneration committee will continue to review progress on a regular basis."
  • (19) The Premier League on Monday said that Scudamore had immediately informed the 20 clubs, McCormick and Bruce Buck, the Chelsea chairman who heads the audit and remuneration committee that will meet on Monday, in line with its policy.
  • (20) This article is based on a report published by the Northern Nurses' Federation (NNF) as background material for a conference on Nordic Nurses' Remuneration and Employment Conditions 22-24 October 1991, Denmark.