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2006-10-15 17:58:08 · 8 answers · asked by crystaljaniecoleman 1 in Business & Finance Careers & Employment

8 answers

Most has already been mentioned.

- Child care support (onsite child care center or monetary compensation)
- Travel insurance.
- Travel allowance (per diem, time required for reimbursement, does the company allow you to keep your frequent traveler miles and points etc)
- Retirement fund matching contribution.
- Bonuses (for referrals, annual bonus, performance based, around holidays and special dates etc.)
- Completeness of health care insurance (coverage for significant other, dependent, selection of plans, dental coverage, disability, etc)
- Reimbursement for continue education or trainings
- Full fill your need for office supplies, furniture and other ergonomic needs
- Flexible hours

Best wishes.

2006-10-15 18:24:25 · answer #1 · answered by JQT 6 · 0 0

Most candidates think of compensation as salary. In reality, it takes many forms. Look at all aspects of a package in order to understand your true economic benefit. If the prospective organization has rigid guidelines you may need to help them allocate compensation into different buckets to meet your needs and theirs. Compensation packages vary with three factors:

1. Type of position
2. Type of organization
3. Your own qualifications

Compensation is not the cut-and-dry subject it used to be. Once you had to worry only about a base salary or at most, a base salary and commission. Today you need to think in terms of compensation packages - including salaries, stock options, employee stock ownership plans, pay-for-performance plans, bonuses, profit sharing, commissions, noncash rewards, variable pay, and much more. Cash is the most important part of the compensation package. Standard cash compensation packages are usually comprised of a base salary and bonus. Generally, as you progress to more senior the positions you will have more compensation in the bonus. Bonus compensation is linked to performance. And you have the ability to increase compensation dramatically by meeting your goals.

When it comes to the fundamentals the benefits that prove the most effective in hiring and retaining good workers cut across all industries. Good healthcare insurance, a competitive salary, and generous vacation, flexible work schedules, and holiday benefits tend to convince workers to sign on with a company and to stay. When you think benefits, think bare-bones basics like a retirement plan, as well as health, dental, disability, and life insurance. Goodies like country club memberships and a company car may not be handed over as readily as in years past. The perks have gone bye-bye to some degree. But sometimes they're offered later.

2006-10-15 18:48:53 · answer #2 · answered by JFAD 5 · 0 0

compensation comes in many forms, not just salary:

there are many "benefits"..some include insurance, either fully or partially paid, comp time earned, vacation time, company car, expense account, tickets to shows for entertainment value, breakast, lunch, dinner, coffee stations, beverage stations, Personal Personnel Help Lines for those who need assistance with life's problems either legal, psycological, etc. and dont know where to go, depending on the type of business...discounts for products that are sold, ie, food, hotel rooms, airline tickets...
stock options, education, travel benefits, birthday's off, prizes for doing job well done, and of course...receiving a nice thank you :)
there is the other stuff like improved equipment to get job done, ie, cell phones, puters, treos, etc. computer set up at home, daycare, the list goes on, and companies are always looking for creative ideas...such as oil changes at work, concerierge services at work, dental services, hair dresser services, health fairs, etc.

2006-10-15 18:22:37 · answer #3 · answered by Jeanine C 2 · 0 0

Being able to meet and enjoy the people I work with.

I've had jobs that made money, and many that made none (all that money is spent anyway), but I still have memories of interesting people that I've met and how we worked together and how much fun it was, even though we weren't aware of it at the time.
It's not the money or the prestige; it's the quality of the relationships you have with people that counts.

2006-10-15 18:14:30 · answer #4 · answered by Boomer Wisdom 7 · 0 1

Health Benefits, Retirement accounts, Stock options, paid time off/vacation, anything from free food to a company car or jet. There are alot.

2006-10-15 18:00:34 · answer #5 · answered by JustJane 6 · 0 0

Insurance, vacations, paid holidays, workman's comp, paid sick days, breaks, travel time, travel expenses, any expenses that are reimbursed

2006-10-15 18:07:42 · answer #6 · answered by READER 1 5 · 0 0

free coffee or a free lunch

2006-10-15 18:01:45 · answer #7 · answered by Stan the man 7 · 0 0

SEX

2006-10-15 18:05:27 · answer #8 · answered by Anonymous · 0 0

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