A good salary package is more than just a paycheck. There are many benefits that a company will offer to expand the size of the total compensation pie. Do your homework to determine what benefits and perks can be negotiated. Also, take some time to consider what is most important to you on the job.
There may be non-monetary intangible benefits that you want to evaluate when making a decision. What type of rewards, besides salary, are you looking for in a job? For example, does the position provide long-term security? Does the work give you the creative outlet you need? Do you see yourself getting promoted within the company? All of these factors should play a role in your decision making process.
Examples of benefits include:
- Insurance
- Sick leave or personal days
- Vacation
- Car allowance or automobile expenses
- Pension plans or 401K
- Relocation packages
- Health clubs or wellness centers
- Expense accounts
- Profit Sharing
- Stock options
- Educational reimbursements
- Company-sponsored training
- Financial planning services
- Flextime or telecommuting
- Relaxed work environment
- Casual dress code
- Free Parking
