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Remuneration vs. Payroll — What's the Difference?

Remuneration vs. Payroll — What's the Difference?

Difference Between Remuneration and Payroll

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Remuneration

Remuneration is the pay or other financial compensation provided in exchange for an employee's services performed (not to be confused with giving (away), or donating, or the act of providing to). A number of complementary benefits in addition to pay are increasingly popular remuneration mechanisms.

Payroll

In treasury management, a payroll is the list of employees of some company that is entitled to receive payments as well as other work benefits and the amounts that each should receive. Along with the amounts that each employee should receive for time worked or tasks performed, payroll can also refer to a company's records of payments that were previously made to employees, including salaries and wages, bonuses, and withheld taxes, or the company's department that deals with compensation.

Remuneration

The act of remunerating.

Payroll

A list of a company's employees and the amount of money they are to be paid
There are just three employees on the payroll

Remuneration

Something, such as a payment, that remunerates.
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Payroll

A list of employees receiving wages or salaries, with the amounts due to each.

Remuneration

Something given in exchange for goods or services rendered.

Payroll

The total sum of money to be paid out to employees at a given time.

Remuneration

A payment for work done; wages, salary, emolument.

Payroll

A list of employees who receive salary or wages, together with the amounts due to each.

Remuneration

A recompense for a loss; compensation.

Payroll

The total sum of money paid to employees.

Remuneration

The act of remunerating.

Payroll

(accounting) The calculation of salaries and wages and the deduction of taxes etc.; the department in a company responsible for this.

Remuneration

That which is given to remunerate; an equivalent given, as for services, loss, or sufferings.

Payroll

(euphemistic) Bribes paid to people.

Remuneration

Something that remunerates;
Wages were paid by check
He wasted his pay on drink
They saved a quarter of all their earnings

Payroll

(transitive) To place on a payroll.

Remuneration

The act of paying for goods or services or to recompense for losses;
Adequate remuneration for his work

Payroll

A list of employees and their salaries;
The company had a long payroll

Payroll

The total amount of money paid in wages;
The company had a large payroll

Payroll

The department that determines the amounts of wage or salary due to each employee

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