Total compensation comprises all payments and benefits from an employer to an employee. This encompasses base salary, bonuses for high performance, employee benefits, non-monetary perks, stock options enabling share purchase or sale, commissions for salespersons, and tips for service workers such as restaurant crew members.
Philippines' Leading HR Management and Payroll Software System | Sprout
Home / Blog / HR Glossary / Total compensation
CONTACT US
Want to get exclusive updates from Sprout?
CONNECT WITH US
Sprout HR Mobile