remuneration

(redirected from Compensation systems)
Also found in: Dictionary, Thesaurus, Legal, Financial, Wikipedia.

remuneration

Medicare Any compensation, directly or indirectly, overtly or covertly, in cash or in kind–which includes professional courtesy and forgiveness of debt. See Compensation arrangement.

remuneration,

n pay; recompense; salary.
References in periodicals archive ?
And while workers' compensation systems were originally intended to provide injured workers with lost wages and medical care in exchange for workers giving up their right to sue, state policies have made it increasingly hard for workers to access such safety net systems.
compensation systems for presentation to employees and stakeholders.
And what if they came upon an imposing stack of studies which report that, indeed, many injured workers do not claim workers' compensation benefits and that cost shifting out of the workers' compensation system is substantial?
By utilizing PerformancePlus, Jefferson Pilot is removing multiple compensation systems -- streamlining that allows us to improve the speed and accuracy of our agent compensation functions," Maynard said.
The provision violates the Occupational Safety and Health Act, which clearly says that OSHA should not "affect" state workers' compensation systems.
A compensation system that furthers this business strategy rewards efficiency and cost-management behaviors.
For many companies, the solution is to replace the historic compensation system with an equity-based pay approach that creates employee-owners, rewards team performance, and aligns the interests of shareholders and employees.
Statistics provided by the Department of Labor and Industry in Minnesota reveal that 95 percent of injured workers have returned to work in one year, and that the remaining five percent constitute a major drain on the compensation system.
Partners in open compensation systems were also much more likely to classify themselves as "Very Satisfied" (34%) than those in partly open (21%) or closed (13%) systems.
But employers and insurers think it could have an unintended impact on state and federal workers' compensation systems.
Since October 2012, the panel has compared the compensation systems and practices of the Bank with those of relevant competitors in the banking sector as well as other companies around the world.