Difference between wage and remuneration

[Deya]

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #64 "Pay and Allowances", question 9

The hourly ......... for all part time clerical assistants has gone up by 40% since 2000.

(a) wage
(b) validity
(c) recompense
(d) value

English Language Proficiency Tests, Advanced Level

ESL/EFL Test #64 "Pay and Allowances", answer 9

The hourly wage for all part time clerical assistants has gone up by 40% since 2000.

Correct answer: (a) wage

Your answer was: incorrect
The hourly validity for all part time clerical assistants has gone up by 40% since 2000.
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What is the difference between wage and remuneration?

Deya

[Daniela]

wage - payment for labor or services to a worker, especially on an hourly, daily, or weekly basis or by the piece.

remuneration - payment or compensation received for services or employment. This includes the base salary and any bonuses or other economic benefits that an employee or executive receives during employment. This term often refers to the total compensation received by an executive, which includes not only the base salary but options, bonuses, expense accounts and other forms of compensation.

Hope this will help! :)

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[Deya]

Thank you, Daniela,
I've understood it now.