The complete pay package awarded employees on an annual basis, including all forms of money, benefits, services and in-kind payments.
is the term used to describe salary and fringe benefits paid to an employee.
The total dollar value of the combined elements of a compensation package including base salary, variable pay, benefits (e.g., pension, medical coverage) and perquisites.
All rewards employees receive, including all forms of monetary reward, benefits, perquisites, non-cash rewards, services and in-kind payments.
" describes salary and fringe benefits paid to an employee.
All types of employee compensation: wages and salaries, non-wage cash payments and fringe benefits. Total compensation in the Employment Cost Index is defined as the employer's cost of wages and salaries and employee benefits.
Value of direct pay plus benefit package.
"Compensation" is a concept that is sometimes used to encompass the entire range of wages and benefits, both current and deferred, that employees receive from their employment. "Total compensation" includes all types of employee compensation combined: wages and salary, non-wage cash payments (such as bonuses), and benefits.