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  2. Remuneration is the total amount paid to an employee. It may include a salary or hourly rate, bonuses, commissions, or any other payment. According to the IRS, remuneration is the total of earnings and other taxable benefits and allowances.
    www.investopedia.com/terms/r/remuneration.asp
    Pay level generally rises along with the rise in hierarchy of an organization. The pay is determined by the level of job, accountability, responsibility, position, experience etc in the company.
    www.mbaskool.com/business-concepts/human-res…
     
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