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Glossary for Executive Search

Compensation Package

Compensation includes salary as well as cash-based benefits. It consists of both monetary and non-monetary components, such as base salary, bonuses, commissions, equity, health insurance, retirement benefits, paid time off, and other perks, including wellness programmes, learning allowances, or company-provided equipment. A well-structured compensation package helps attract, retain, and motivate talent while aligning with business goals and market standards.

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