Do you know what total compensation is? Most people think they understand how much a job pays, but they’re only looking at the base salary — not the full compensation package.

In this episode, I’ll explain what total compensation actually is and how it differs from base salary, so you understand why focusing on base pay alone can be misleading. That way you’ll know how to calculate total compensation accurately in your current role or your next job offer.

TOTAL COMPENSATION TOOLS MENTIONED

• Total Compensation Calculator: https://www.thesalarynegotiator.com/total-compensation-calculator
• Total Compensation Research Comparison Tool: https://www.thesalarynegotiator.com/store/job-offer-total-compensation-research-comparison-tool
• Total Compensation Guide: https://www.thesalarynegotiator.com/resource-center/totalcompensation

SALARY NEGOTIATION RESOURCES

• Salary Negotiation Coaching: https://www.thesalarynegotiator.com/
• Salary Negotiation Courses: https://www.thesalarynegotiator.com/courses
• Salary Negotiation Templates: https://www.thesalarynegotiator.com/salary-negotiation-templates
• Counteroffer Example: https://www.thesalarynegotiator.com/store/counteroffer-examples
• Salary Negotiation Script Guide: https://www.thesalarynegotiator.com/resource-center/salary-negotiation-script-strategies-for-job-offer-negotiations
• How to Negotiate a Job Offer Guide: https://www.thesalarynegotiator.com/job-offer-negotiation-course
• Video Guide: https://www.youtube.com/watch?v=UylKhYuXwb0

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WHO AM I

I'm Brandon, the Founder and Lead Negotiator at The Salary Negotiator®. As a former corporate negotiator, I now help employees increase their compensation. Through hundreds of salary negotiations, I've helped career professionals secure over $200 million in additional compensation. My expertise is backed by more than 150 five-star reviews from career professionals on Google and Trustpilot.