Total remuneration is a comprehensive compensation approach that encompasses all forms of financial and non-financial rewards provided to an employee by their employer in exchange for their work and contributions to the organization.

Example
In addition to the base salary, an employee's Total Remuneration package may include bonuses, stock options, health benefits, retirement plans, paid time off, and professional development opportunities. This holistic view of compensation ensures that employees are rewarded not only monetarily but also through various benefits and perks.