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Concept
Compensation Package
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Summary
A
Compensation Package
is a
Comprehensive offering
by an employer that includes salary and
Additional Benefits
designed to
Attract and retain employees
. It is a
Strategic Tool
that balances
Financial Incentives
and
Non-monetary perks
to align
Employee Motivation
with
Organizational Goals
.
Concepts
Total Compensation
Employee Benefits
Incentive Plans
Equity Compensation
Retirement Plans
Health Insurance
Work-life Balance
Performance-Based Pay
Cost Of Living Adjustments
Non-Monetary Rewards
Employer Matching
Benefits Contributions
Employer Match
Severance Agreements
Relevant Degrees
Salaries and Wages 75%
Human Relations in the Enterprise 25%
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