Sum of direct benefits (such as salary, allowances, bonus, commission) and indirect benefits (such as insurance, pension plans, vacations) that an employee receives from an employer. [businessdictionary.com]
Because prospective employees consider more than just money when deciding where to work. A good benefits package can make a big difference in deciding. I left one job that paid very well for another...
Ideally, a good compensation package will make a employee feel properly rewarded. It should be in proportion to the personal level of achievement the person felt he or she has achieved. This would be...
yes, contingent compensation is more likely to result in a determination that compensation is unreasonable than a compensation package that is a fixed salary.
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