- What does total compensation include?

Total compensation encompasses various elements beyond just the base salary. It typically includes benefits such as health insurance, retirement plans, bonuses, stock options, and other financial rewards. Additionally, it may cover non-monetary perks like paid time off, professional development opportunities, and wellness programs. In summary, total compensation is a comprehensive package that goes beyond the basic salary to include a variety of financial and non-financial benefits. This package often comprises health insurance, retirement plans, bonuses, stock options, and other monetary incentives. Moreover, it may also feature non-monetary perks such as paid leave, opportunities for professional growth, and wellness initiatives.