What's the difference between remuneration and reward?

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.

Reward


Definition:

  • (v. t.) To give in return, whether good or evil; -- commonly in a good sense; to requite; to recompense; to repay; to compensate.
  • (n.) Regard; respect; consideration.
  • (n.) That which is given in return for good or evil done or received; esp., that which is offered or given in return for some service or attainment, as for excellence in studies, for the return of something lost, etc.; recompense; requital.
  • (n.) Hence, the fruit of one's labor or works.
  • (n.) Compensation or remuneration for services; a sum of money paid or taken for doing, or forbearing to do, some act.

Example Sentences:

  • (1) We want to be sure that the country that’s providing all the infrastructure and support to the business is the one that reaps the reward by being able to collect the tax,” he said.
  • (2) This "gender identity movement" has brought together such unlikely collaborators as surgeons, endocrinologists, psychologists, psychiatrists, gynecologists, and research specialists into a mutually rewarding arena.
  • (3) Learning ability was assessed using a radial arm maze task, in which the rats had to visit each of eight arms for a food reward.
  • (4) The hosts had resisted through the early stages, emulating their rugged first-half displays against Manchester United and Arsenal here this season, and even mustered a flurry of half-chances just before the interval to offer a reminder they might glean greater reward thereafter.
  • (5) "The company and its shareholders have been handsomely rewarded for that."
  • (6) It is worth noting though that the government is reaping scant reward in the polls even though the economy has expanded by more than 3% over the past year and – according to the IMF – will be the fastest growing of the G7 economies this year.
  • (7) Despite a few initial concerns about the technology and how it would fit into their daily routines, staff really see the benefit and find it rewarding to see the messages and be able to respond straight away.
  • (8) The Treasury said: "Britain has been at the forefront of global reforms to make banking more responsible, including big reductions in upfront cash bonuses and linking rewards to long-term success.
  • (9) The hypothesis that metabolic rate, as well as foraging and recruiting activities, depend on the motivational state of the foraging bee determined by the reward at the food source is discussed.
  • (10) But mention the words "eurozone crisis" to other Finns, and you could be rewarded with little more than a confused, albeit friendly, smile.
  • (11) Six other rats were rewarded only if their sequence of left and right responses in the current trial differed from each of the previous five trials.
  • (12) Cats were trained to press a lever for 0.5--1.0 ml of milk reward both in the presence and absence of ambient light.
  • (13) He is 100% committed in every training session and that is why I rewarded him with the chance to play.
  • (14) As a result existing job definitions and traditional forms of organization are being challenged and attempts made to restructure work so that it becomes meaningful and rewarding in the fullest sense, to the individual, to the enterprise, and to society.
  • (15) Since these tumors are often multiple and small, angiography is not very rewarding.
  • (16) The reason to be an atheist is not that it makes us feel better or gives us a more rewarding life.
  • (17) The collaborative approach focused on rewards of behavioral change and minimized attention to prevention of negative behaviors, while openly valuing input from the women who are potential health promoters in their own communities.
  • (18) Not only is there a great need, but it is a personally rewarding and satisfactory experience.
  • (19) The glutamatergic mechanisms of neostriatum and nucleus accumbens septi play a minor role in attenuation of tegmental self-stimulation with droperidol, fluphenazine, trifluoperazine and clozapine but these mechanisms seem to be responsible for the suppression of "reward" phenomenon with haloperidol, thioridazine and aminazine.
  • (20) Free money offers The Halifax's £100 cash is available to people who switch to its Reward current account.