Describe how total job benefits and total employee compensation differ.

[Samuel]

describe how total job benefits and total employee compensation differ. I want a clear explanation of how salary, bonuses, benefits, perks, and non-monetary rewards combine to form an employee’s overall compensation package.

 

[Benjamin]

Total employee compensation includes all earnings an employee receives, such as salary, wages, bonuses, and benefits. Total job benefits are a subset of compensation and cover non-wage perks like health insurance, retirement plans, paid leave, and other employer-provided services.

 

[Emly]

Total job benefits include non-salary perks like health insurance, bonuses, and paid leave.
Total employee compensation includes salary or wages plus all benefits combined.

 

[Peter]

Total employee compensation includes an employee’s full pay package msalary or wages, plus bonuses and benefits, while total job benefits refer only to the non-salary perks, such as health insurance, retirement plans, paid leave, and other benefits.

 

[LiamOliver]

Total job benefits versus total compensation, total compensation encompasses both wages and benefits where total job benefits includes solely extras such as insurance, retirement plans, bonuses as well as perks.