compensation packages
Total employee benefits
Compensation packages are the complete set of pay and benefits an employer offers an employee—salary, bonuses, health insurance, retirement contributions, stock options, and perks like remote work or gym memberships.
The term typically appears in job negotiations and HR contexts: The base salary was modest, but the total compensation package made up for it.
Companies use attractive packages to recruit and retain talent.
- profit-sharingDistributing earnings among workers
- raiseLift or increase
- severance payCompensation upon job termination
- performance bonusesExtra compensation for achievement
- bonusesAdded compensation beyond wages
salary · tuition reimbursement · health insurance · offer · overtime pay · retirement plans · paid time off · parental leave · golden parachute · executive perks · company car · stock options · equity stake · hazard pay · wellness programs · signing bonuses · sales incentives · gym memberships
- global workforceexpatriates, expats, virtual teams, foreign workers, remote teams
- public paysalary, gross pay, net pay, pay, pay grades
compensation packageswage theft
Employer withholding earned compensation
unpaid labor · nonpayment · withheld wages · pay cuts · benefit cuts
compensation packagesday labor
Temporary unskilled employment