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Compensation Package Example

The document provides an example compensation package for a Marketing Manager including salary of $60,000 per year, 5% commission on sales exceeding quarterly targets, up to 15% annual performance bonus, and benefits like health insurance, dental, paid time off, and retirement planning.

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Muhammad Ali
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0% found this document useful (0 votes)
127 views

Compensation Package Example

The document provides an example compensation package for a Marketing Manager including salary of $60,000 per year, 5% commission on sales exceeding quarterly targets, up to 15% annual performance bonus, and benefits like health insurance, dental, paid time off, and retirement planning.

Uploaded by

Muhammad Ali
Copyright
© © All Rights Reserved
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Compensation Package Example

Name Jack Jones

Position Marketing Manager

Department Marketing

Financial compensation Benefits Other benefits

Salary $60,000 per year Health insurance type Premium Nomad Plan Professional development $500 annually for courses or seminars

Overtime $45/hour (hourly non-exempt) Health insurance cost 100% covered by employer Memberships Corporate discounts on fitness and Juno points wellness

Company pays 50% of public transportation or parking


Commission 5% on sales exceeding quarterly targets Dental care Included Transportation
costs

Full wage coverage during recovery, plus all medical Employee assistance Comprehensive support including mental health, legal
Performance bonus Up to 15% of annual salary Workers' compensation
expenses programs advice, and more

Other bonuses $1,000 bonus for exceptional project leadership Disability Comprehensive short-term and long-term coverage Flexible scheduling Options include early or late start, compressed workweeks

Up to 6 weeks paid leave, with additional unpaid leave as


Relocation compensation Up to $6,000 for moving expenses Medical leave Meal plans Subsidized cafeteria with healthy meal options
per policy

Annual cost-of-living adjustment of 2% 16 weeks paid maternity/paternity leave with an option to Hybrid work model with up to 3 days of remote work per
Raises Parental leave Flexible work options
Merit increase up to 7% based on performance take up to 12 months off week

Time off Retirement planning

Company matches 50% of contributions up to 4% of


Vacation & holiday 35 days paid vacation including Public Holidays 401(k)
salary

Sick time 10 days per year Pension No

Option to buy 800 shares at $10 per share after two years
Holidays All federal holidays, plus two floating holidays Stock options
of employment

Eligible after one year of employment, based on company


Personal time off 5 days per year, unpaid Profit-sharing
performance
Compensation Package Template

Name Add name

Position Add position

Department Add department

Financial compensation Benefits Other benefits

Salary Health insurance type Professional development

Overtime Health insurance cost Memberships

Commission Dental care Transportation

Performance bonus Fill in type of benefits Fill in other benefits

Fill in type of
Fill in type of benefits Fill in other benefits
compensation

Fill in type of
Fill in type of benefits Fill in other benefits
compensation

Fill in type of
Fill in type of benefits Fill in other benefits
compensation

Time off Retirement planning

Vacation & holiday 401(k)

Sick time Pension

Holidays Stock options

Personal time off Profit-sharing

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