total rewards package

Definition

HR speak for 'your salary is disappointing, but look at all these other things!' A combination of pay, benefits, and perks designed to distract you from the fact that your base compensation hasn't kept up with inflation.

Example Usage

The total rewards package includes competitive salary (it's not), comprehensive benefits (high deductible), and unlimited PTO (that you'll feel guilty using).

Source: Compensation and benefits terminology

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