Define: Gross remuneration

How is Gross remuneration defined in a legal contract?

• Gross remuneration means the calculated salary including any allowances which are also regarded as salary. This is computed on a consecutive day basis. Seen in 22 SEC filings
• Gross remuneration means the total benefits given in monetary terms and non-monetary terms, including payments or provisions related to end of service benefits that are recorded into the income statement when calculating operating profit. Seen in 5 SEC filings
• Gross remuneration means the first year's equivalent annual salary which includes without limitation, bonuses or incentives, car allowances and any confirmed payments. If a car is provided to the applicant, it will be assessed as remuneration at a fixed rate annually. In case of part time appointments, the salary will be equated to the full time equivalent and the fee will be charged based on that salary. Seen in 4 SEC filings
• Gross remuneration means the gross salary or fees payable to the service provider for the work performed. Seen in 2 SEC filings
• Gross remuneration means the total annual salary paid under a service contract, including but not limited to other non-specified benefits. Seen in 1 SEC filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of gross remuneration' yourself to verify these results. We are always keen to point people to source documents.

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Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

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Genie Definition 1

• Gross remuneration means the total, regular salary, including financial and non-monetary benefits calculated consistently.

Relevant Contract Types

• Employment Contracts
• Service Agreement Contracts
• Consultancy Agreements
• Executive Compensation Agreements

Relevant Circumstances

• Salary negotiations and discussions
• Determining compensation during contract formulation
• Discussing compensation during severance

Relevant Sectors

• Human Resources
• Finance and Banking
• Information Technology
• Consulting Services

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Genie Definition 2

• Gross remuneration means the entire first year's salary, considering guaranteed payments and allowances, and adjusted for part-time roles.

Relevant Contract Types

• Temporary Employment Contracts
• Consultant Agreements
• Part-time Employment Agreements

Relevant Circumstances

• Contractual discussions for part-time or temporary roles
• Calculating compensation for short-term contracts
• Scaling salary for part-time roles

Relevant Sectors

• Temporary and Part-time Employment
• Human Resources and Recruitment
• Freelance and Gig Economy

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