Total Remuneration is the complete compensation package an employee receives, including base salary, bonuses, benefits, and non-monetary perks like stock options.
- What is total remuneration?
Answer: It is the full compensation package, including salary and benefits. - What does it include?
Answer: It includes wages, bonuses, insurance, and perks. - What are the benefits?
Answer: It attracts talent and reflects fair value. - What are the challenges?
Answer: Challenges include cost management and transparency. - How does HR manage it?
Answer: HR calculates and communicates the package.
