Total Compensation

Intermediate 👥 Human Resources

Definition

The inflated number companies present to make your salary look bigger by adding in health insurance you can't use, stock that hasn't vested, and the "value" of free parking. It's the salary equivalent of counting the packaging as part of the product.

Example Usage

"My total compensation is $120K. My salary is $75K. The other $45K is apparently the privilege of having a 401k I can't touch for 30 years and dental insurance." - A totally compensated employee

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