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Quantitative Finance · Begrippenlijst

Wat is Base salary, total compensation?

Ook bekend als: base salary · total compensation

Definition 13.1 The Industry: Firms, Roles and Careers · Hoofdstuk 13 — How Pay Works

Base salary is the fixed annual pay set in the employment contract and paid in instalments whatever the year’s results. Total compensation is base salary plus the variable pay awarded for a year, cash and deferred, at the value at which it is awarded, with benefits stated separately; it is the figure offers are compared on, and it counts deferred awards before any forfeiture or change in value.

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