If you’re looking for a new job, it’s not enough to compare your current salary to what a potential employer is offering. Consider your total compensation. This calculation includes your base salary, any bonuses you’re eligible to receive, paid vacation and sick leave days, medical and other insurance coverage, and retirement plans. It might also include gym memberships, a cell phone plan, home-office stipend, commuter benefit, tuition assistance, or childcare. This all gets added up in a total compensation statement. If you haven’t received one, you can ask your human resources department if there’s one available for you.
Asking about your total compensation statement shows that you care about recognizing all the positives of working where you do, beyond the dollar amount you receive on a regular basis. You might be surprised at what your benefits are worth when you add them all up!