compensation policies

What Elements are Included in Compensation Policies?


Base Salary: The fixed amount of money paid to an employee for their role.
Bonuses: Additional compensation given for achieving specific targets or milestones.
Benefits: Non-monetary perks such as health insurance, retirement plans, and paid time off.
Equity Compensation: Stock options or shares given to employees as part of their compensation package.
Incentives: Performance-based rewards that motivate employees to exceed their goals.

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