Benefits

by Stephanie Blye

Every time you are being offered a job, the offer includes a compensation package, and every time you enter a salary negotiation process, you also negotiate your benefits, which are part of the first mentioned. Every offer is different, thus every employer gives you a different mix of benefits.

Through benefits, we understand all items which represent an addition to your basic salary: paid vacations, company holidays, personal days, sick leave, life insurance, medical insurance, retirement and pension plans, tuition assistance, child care, stock options, and many more. Sometimes, these benefits can be worth up to 20-40% of your salary, this being a reason for which, every time you negotiate the salary, negotiate this package as well so that you come in advantage no matter what.