benefits

Definition

The non-cash compensation package that companies dangle to make their salary offers look better than they are. These include health insurance (that you mostly pay for), paid time off (that you feel guilty using), and retirement matching (with seventeen pages of vesting schedules). HR describes them enthusiastically while you mentally calculate whether they're worth less than just getting paid more.

Example Usage

The benefits package includes unlimited PTO, a ping-pong table, and health insurance with a deductible that could fund a small nation.

Source: HR terminology via Dictionary definitions

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