living wage vs remuneration

living wage and remuneration both are nouns.

Word	Noun	Adjective	Verb	Adverb
living wage	Yes	No	No	No
remuneration	Yes	No	No	No

As nouns, remuneration is a hypernym of living wage; that is, remuneration is a word with a broader meaning than living wage:

living wage: a wage sufficient for a worker and family to subsist comfortably
remuneration: something that remunerates

Other hypernyms of living wage include earnings, pay, salary, wage.

living wage (noun)	remuneration (noun)
a wage sufficient for a worker and family to subsist comfortably	the act of paying for goods or services or to recompense for losses
	something that remunerates