What Is Total Compensation?
Total compensation is the full value of an offer: salary plus bonus, equity, and benefits. It gives a truer picture than base salary alone.
Also Known As
Total comp
Why Total Compensation Matters
Two offers with the same salary can differ a lot once bonus, equity, and benefits are added. Looking at total compensation helps you compare offers fairly. It also shows where there may be room to negotiate.
Example
One offer has a lower base but adds a bonus, equity, and strong health coverage. Once you add it all up, its total compensation is higher than the offer with the bigger base salary.
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