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Total compensation: more than just salary

by The 100 Companies

This is the time of year when many of our clients are doing year-end feedback (performance reviews, career conversations, whatever you call them) and evaluating compensation changes. We suggest creating total compensation forms that show employees the full investment you make:

• Salary

• Incentive compensation

• Commissions

• The value of PTO, paid holidays and other paid leave

• Contributions to retirement plans

• Contributions to insurance premiums (eg. health insurance, life insurance, etc.)

• Employer portion of FICA

• Other items (team trips, technology allowance, cell phone reimbursement, etc.)

The total compensation form is a great way to show total compensation and how it changes annually.

– Molly Eyerman, Founder + CEO, VIVO Growth Partners

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