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Yearly salary or hourly wage. With that being said and with the disclaimer that I am not certain of application etiquette as it applies to this matter, my thought is that if you know the value of your most recent benefits package, and the position you are applying does not have benefits, theoretically you could add the value of the benefits, i.e., "benefits package valued at ...." After, you will have to pay for your health insurance, etc.
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