benefit packages
Compensation beyond salary
Benefit packages are the non-wage compensation employers offer alongside salary—health insurance, retirement plans, paid time off, and similar perks bundled together.
Job candidates often weigh benefit packages as heavily as base pay: The salary was modest, but the benefit package included full medical and four weeks vacation.
Also called benefits packages.
- dental insuranceCoverage for oral care
- health insuranceProtection against medical costs
- disability insuranceCoverage replacing lost wages
- life insuranceContract paying upon death
- raiseLift or increase
paid time off · sabbaticals · commuter benefits · performance bonuses · sign on bonus · gym memberships · employee perks · mental health services · parental leave · childcare assistance · tuition reimbursement · retirement plans · vision insurance · pet insurance · claims processing · coverage limits · personal days · vacation days
- labor lawlabor code, labor law, labor laws, labor standards, labour law
benefit packagesbase salary
Guaranteed regular compensation
base pay · hourly pay · take-home pay · commission · bonuses