General

Compensation/Remuneration

The total pay and benefits, in cash or kind, received by a worker from an employer arising from employment.

Definition

This term broadly includes the ordinary, basic, or minimum wage or salary or compensation, along with any additional emoluments or benefits whatsoever, whether payable directly or indirectly, in cash or in kind, by the employer to the worker and arising out of the worker's employment. This comprehensive definition ensures that all forms of economic benefit, including bonuses, allowances, and non-monetary perks, are considered when assessing equal pay.

Compensation/Remuneration - AI Regulation Glossary | RewardsET