Compensation |
Remuneration
|
Compensation
is paid to the employee in case of death of employee, physical injury, or
mentally suffered.
|
Remuneration
is paid to the employee for the work done to the organisation
|
Payment of
the compensation is compulsory only in case of the death of employee, injury
or mentally suffered.
|
Remuneration
is paid periodically to the employee on daily basis, weekly basis,
fortnightly or monthly basis for the work done.
|
There is
separate and dedicated law for payment of compensation.
|
There is
separate and dedicated law for payment of compensation.
|
Payment of
the Compensation to the employee is depended on the gravity of the injury he
suffered but not according to the job position or job grade.
|
Remuneration
of the employee depends on the position of the job or grade of the job with
respect to organization hierarchy.
|
Payment of
the compensation is one time settlement or for a certain period of time
unitll employee recovers from suffering.
|
Payment of
the remuneration is paid as long as the employee work for the organization
starting from appointment to retirement
|
Payment of
the Compensation varies from injury to injury suffered by the employee.
|
Payment of
the Remuneration varies from job to job position held by the employee in the
organization.
|
Payment of
the compensation provision is same for all employees.
|
Payment of
the remuneration provisions is different from job to job.
|
Generally
payment of the compensation depends and varies from age of the employee.
|
Payment of
the remuneration of the employee depends and varies from the job title, job
position or job experience
|
There is
no other name for the word employee compensation
|
Other
names for employee remuneration are wages or salaries.
|
Tuesday, 28 March 2017
Compensation Vs Remuneration?
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