minimum wage vs remuneration

minimum wage and remuneration both are nouns.

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

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

minimum wage: the lowest wage that an employer is allowed to pay; determined by contract or by law
remuneration: something that remunerates

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

minimum wage (noun)	remuneration (noun)
the lowest wage that an employer is allowed to pay; determined by contract or by law	the act of paying for goods or services or to recompense for losses
	something that remunerates