(いろうきん)

いろうきん
noun
consolation money; reward for service; gratuity
formalmoneybusiness
1. consolation money; reward for service; gratuity
A monetary payment given to thank or reward someone for their hard work, long service, or hardship. Often paid as a lump sum upon leaving a position or completing a difficult task.
A gratuity is provided upon retirement.
長年(ながねん)功労(こうろう)(たい)して慰労金(いろうきん)(おく)られた
A monetary reward was presented in recognition of years of meritorious service.
Staff members involved in disaster recovery were each paid fifty thousand yen as a reward for their service.

Composed of 慰労(いろう) (reward for service, consolation for hard work) and (きん) (money). A formal term for a monetary reward given in appreciation of someone's effort or hardship.

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Formal. Used in business, government, and legal contexts.