What constitutes the "salary package"?
Answer
The entire value proposition including base salary plus all attached elements.
The salary package, or total compensation package, represents the complete offering from an employer, aggregating the base salary along with every financial element, benefit, or perk attached to the role.
Related Questions
What does the term "salary" typically refer to?What constitutes the "salary package"?How is a salaried employee's base pay distinguished from wages?Which category of total compensation includes annual bonuses and profit-sharing schemes?What type of package element involves non-cash additions that carry significant financial weight, such as health insurance plans?Which of the following items is explicitly listed as an example of a "Perk"?Why is it helpful to assign an estimated annual dollar value to every non-salary item when assessing an offer?What is the primary purpose of "salary packaging" (salary sacrificing)?What factor, often overlooked when focusing only on the first number seen, can swing the perceived value of a job offer by several thousand dollars annually?Which term is considered the most encompassing, under which salary and salary package fit?How is a "stipend" characterized in relation to regular salary?