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Whatever you are given in exchange for some legal right, usually the legal right to seek compensation for premature termination of employment.

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Vladimir Pericles

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Q: A compensation package is
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Related questions

What is in a typical compensation package?

salary and all employee benefits


Is contingent compensation more likely to result in a determination that compensation is unreasonable than a compensation package that is all or primarily a fixed salary?

yes, contingent compensation is more likely to result in a determination that compensation is unreasonable than a compensation package that is a fixed salary.


What is the estimated compensation package for this career?

In estimating career compensation package, we need to consider general criteria. Compensation will depend on the qualification, the position you will handle, and the scope of the job description.


What was the amount of Jill Barad's severance package?

Barad received a $1.2 million annual pension as part of a compensation package of $50 million.


What do a employees get under a cafeteria plan?

an option to pick benefits to be included in their compensation package


Define the meaning of a deferred compensation plan?

The phrase "deferred compensation plan" is defined to mean a compensation package in which the recipient will receive the funds at at future date. Examples include pensions and retirement plans.


What is remuneration package?

Compensation offer to settle damages, claims or other amounts in contract law.


What is two tier compensation package?

lower wages the the older hires


Major factors associated with appraisal of expatriate managerial performance?

the compensation package, the task, headquaters' support, the environment and culture adjustment.


What does total annual compensation include?

Total annual compensation would include base salary, any commission you would have made, any bonuses you would have received, and your health benefits package, i.e. medical and dental plan value.


What are some of the goals of a good compensation package?

Ideally, a good compensation package will make a employee feel properly rewarded. It should be in proportion to the personal level of achievement the person felt he or she has achieved. This would be from the employee's point of view. From the executives' point of view, the compensation package would cost the company as little as possible yet still make the employee feel properly rewarded. Yet it should not make the employee feel fully rewarded, and thus breeding greed. It would make the employee feel rather inadequate and that he or she would need to work harder to get properly rewarded.


Compensation package hotel manager?

Different hotels will offer different compensation packages. A smaller hotel may only offer pay. A larger hotel may offer vacation time, sick days, medical, dental, and even a retirement plan.