Remuneration does not seem to distinguish between white-collar and manual workers, unlike salary and wages. However, many statutory illustrations of remuneration refer to salaried employees. For example, company accounts often refer to directors’ remuneration, rather than directors’ salaries, in those instances where directors are employees of the company. But remuneration in this context has also been applied to directors who are not employees. They will receive remuneration by way of fees, while directors who are employees may receive remuneration which is expressly stated to be by way of salary.
In addition, which the dictionary defines as “profit from office or employment, salary.” So both employees and non-employees may receive emoluments. The Companies Act 1948, s. 196 (2) (b) insists that directors’ emoluments must distinguish between payment for services as a director (i.e. a fee) and other emoluments (i.e. a salary).