Base Salary Vs Total Compensation. Your total cash compensation is defined as all cash payments earned during a year of full-time employment. These types of pay are included in the employees total compensation.
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An Overview Annual compensation and annual salary may sound like the same thing but in fact they represent two very different measures of your earnings. After the initial six month period the base salary is 5000 per month. These types of pay are included in the employees total compensation.
The same goes for salary.
A base salary does not include the benefits bonuses or other potential compensation an employee might receive in addition to the base salary. For example bonuses overtime and commissions are not part of base pay. A base salary does not include the benefits bonuses or other potential compensation an employee might receive in addition to the base salary. Oct 26 2016 However Total Compensation goes beyond salary it is the complete pay package for employees.
