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[quote=Anonymous]“Total compensation” means everything of value you receive from your employer, not just your base paycheck. It’s the full economic package. Typically it includes:

💵 Cash pay
	•	Base salary or hourly wages
	•	Overtime pay
	•	Bonuses (annual, performance, signing, retention)
	•	Commissions (if applicable)

📈 Equity & long-term incentives
	•	Stock options
	•	RSUs / restricted stock
	•	Profit sharing
	•	Long-term incentive plans (LTIPs)

🏥 Benefits (often a big hidden chunk)
	•	Health insurance (medical, dental, vision — employer portion counts)
	•	Life and disability insurance
	•	HSA / FSA employer contributions
	•	Wellness stipends

🧓 Retirement
	•	401(k) / 403(b) employer match
	•	Pension accruals (if any)

🏖️ Time off (monetized value)
	•	Paid vacation
	•	Holidays
	•	Sick leave
	•	Paid parental leave
(Some employers convert this into a dollar value for TC calculations.)

🎓 Perks & allowances
	•	Tuition reimbursement
	•	Professional development
	•	Commuter benefits
	•	Housing or relocation assistance
	•	Meals, phone, internet, or travel stipends
	•	Company car or mileage reimbursement

🧾 Other
	•	Severance guarantees
	•	Non-cash awards
	•	Tax-gross-ups (for relocation, bonuses, etc.)

⸻

How it’s usually quoted
	•	Job offers: Often Base + Bonus + Equity (annualized)
	•	HR / finance: Base + cash incentives + benefits cost
	•	Executives: Base + STI + LTI + benefits + pension value
[/quote]

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