What Should Be Included In Total Compensation?
What Should Be Included In Total Compensation? Salary/hourly rate. Medical benefits coverage—include amount paid by employee and employer. Flexible spending account information. Paid leave—include vacation/sick/PTO, holiday, personal, bereavement, military pay, jury duty, etc. Disability insurance. What is a total compensation summary? A total compensation statement communicates the entire value of an employee’s compensation package, including