pay envelope vs remuneration

pay envelope and remuneration both are nouns.

Word	Noun	Adjective	Verb	Adverb
pay envelope	Yes	No	No	No
remuneration	Yes	No	No	No

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

pay envelope: wages enclosed in an envelope for distribution to the wage earner
remuneration: something that remunerates

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

pay envelope (noun)	remuneration (noun)
wages enclosed in an envelope for distribution to the wage earner	the act of paying for goods or services or to recompense for losses
	something that remunerates