benefits packages
Workplace reward bundles
Benefits packages are the non-wage compensation employers offer alongside salary—health insurance, retirement plans, paid time off, and similar provisions bundled together.
The plural form emphasizes that different employers offer different combinations: She's comparing benefits packages from three job offers.
A strong benefits package can offset a lower salary; a weak one may prompt employees to look elsewhere.
- pension plansEmployer-sponsored retirement savings
- health insuranceProtection against medical costs
- dental coverageInsurance for teeth
- sabbaticalsExtended work breaks
- profit-sharingDistributing earnings among workers
sign-on bonus · leave · work-life balance · mental health counseling · disability insurance · flexible spending · severance pay · pay · total compensation · parental leave · commuter benefits · tuition reimbursement · wellness programs · relocation assistance · life insurance · bereavement leave · vision care · childcare assistance
- executive contractsseverance packages, golden parachutes, non-compete clauses, stock options, signing bonuses
- hiringhiring, job, interview, resume, application
- job fairsrecruiters, employers, job seekers, jobseekers, resumes
- HRhiring, human resources, recruiting, HR, onboarding
- employee benefitshealth insurance, pension, 401k, 401(k), retirement
- HR termshiring, firing, training, payroll, benefits
benefits packagesbase salary
Guaranteed regular compensation
base pay · wages · hourly pay · take-home pay · gross pay
benefits packagesno benefits
Lacking additional compensation
gig work · contract work · at-will employment · unpaid internships · freelance work
benefits packagesworkplace hazards
Dangers at a job site
unpaid overtime · workplace stress · out-of-pocket costs · deductibles · copays