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Remuneration

Remuneration is a term that refers to the payment or compensation that is provided to an individual in exchange for their work or services. Remuneration can take a variety of forms, including wages, salaries, bonuses, benefits, and other forms of compensation. The amount and type of remuneration that an individual receives will depend on a variety of factors, such as their job duties, the market rate for their skills and expertise, and the financial resources of their employer.

Remuneration is an important consideration for both employees and employers, as it can affect an individual's quality of life and an organisation's ability to attract and retain talent.

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