Over-remunerated
The adjective 'over-remunerated' describes a situation where someone is paid excessively, receiving a salary, wage, or other form of compensation that is significantly higher than what is considered fair or appropriate for the work performed, their skills, or the market value of similar roles. This typically results in a sense of inequity, where the financial reward doesn't proportionally reflect the effort, contribution, or responsibility undertaken. This perception of excess can be viewed from both internal (within a company) and external (industry-wide) perspectives.
Over-remunerated meaning with examples
- The financial analysts, scrutinizing the CEO's compensation package, argued that his bonuses and stock options were excessive, suggesting that he was significantly over-remunerated compared to the company's performance and his peers in the industry. This caused significant employee morale issues.
- Despite consistently missing sales targets, the sales manager remained over-remunerated, benefitting from a generous contract negotiated during a period of rapid expansion. The situation became unsustainable once the company's revenue started to fall due to the financial climate. This inconsistency was unfair to the dedicated employees.
- Following the merger, the salaries of several executives were adjusted; some were found to be over-remunerated, while others, particularly those taking on additional responsibilities, felt their compensation did not reflect their new workloads and increased stress. This led to significant departmental restructuring.
- After a scandal involving inflated expense reports, the company board launched an investigation, which revealed that several key figures were over-remunerated, taking advantage of loopholes in the system to enrich themselves unjustly, damaging the business and reducing trust from investors.