Understand the difference between salary, compensation and salary

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The salary is the amount that an employee of a company receives for the service provided, paid directly by the employer. Salary is the amount a public servant receives, without extra benefits.

Remuneration, on the other hand, includes salary or salary, plus all the benefits that the employee receives.

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Wage Maturity Remuneration
What is it

Salary is the fixed amount of money that an employer pays an employee each month for services rendered.

Salary is the amount that a public servant receives, relative to the exercise of his position. This amount is fixed by law and does not include additional benefits.

Compensation is a broader term than salary and salary, as it consists of bonuses, incentives, stock options, perks, among others, in addition to the employee's basic salary.

Law Art. 76, art. 457 and art. 458 of the CLT. Article 40 of Law No. 8.112. Article 41 and §5 of Law 8112/90.
who receives Employee of a private company or public official hired under the CLT. Public workers. Employees of private companies or public servants.
pecuniary advantages Doesn't have the benefits. Doesn't have the benefits. Comprises salary or salary, plus pecuniary benefits, such as bonuses, gratuities and awards.
Value Fixed. Fixed. Variable.

The terms salary, remuneration, and salary indicate the cash and other benefits received by an employee. This in exchange for services provided by him to a company or organization for a fixed period. However, there are major differences between these terms.

What is salary?

Salary is an amount of money given to employees on a monthly basis in exchange for services rendered by them.

The salary applies to employees of private companies, or public employees hired based on the CLT (Consolidation of Labor Laws).

Salary is a fixed amount, paid directly by the employer, and in most cases administered on a monthly basis. It includes the value provided in cash and utilities, but does not include pecuniary benefits such as bonuses and gratuities.

What is salary?

Salary is the amount that civil servants receive, relative to the exercise of their position. This amount is fixed by law and does not include additional benefits.

The salary applies to civil servants at the municipal, state and federal level, including judges and the military.

The salary, plus pecuniary benefits, is called remuneration.

What is remuneration?

Compensation is a general term that describes all forms of fringe benefits for employees in an organization.

It could be an individual's salary, or much more than just that, including non-monetary incentives, allowances and other perks.

People who work as salespeople in companies can receive remuneration through the sales commission, instead of the fixed salary.

Stock options, free accommodation, bonuses, among others, offered to employees to motivate them to perform better are also included as compensation.

The salary itself, or salary, are types of remuneration.

Remuneration is part of a genre called “pecuniary retribution”. This determines the amount of money that is received by public servants. While the remuneration is applied to statutory servants, the subsidy applies to political agents.

In summary

  • Wage: fixed amount paid to an employee for services provided, directly by the employing company.
  • Maturity: amount received by civil servants, fixed by law.
  • Remuneration: salary + cash benefits or salary + cash benefits.

See also the difference between:

  • Debit and credit
  • Microeconomics and macroeconomics
  • capitalism and socialism
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