March 30, 2007, Newsletter Issue #77: Salary Negotiation and Compensation Packages

Tip of the Week

Remember, salary is only one element of a job compensation package. Here are some other benefits that you evaluate when considering a job offer:

• health/dental insurance
• paid vacation
• paid sick leave
• retirement savings plans
• bonuses
• tuition reimbursement
• stock options

A generous compensation package can make a modest salary seem more attractive. In reality, all of these add-ins are factored in to your salary by your employer and add up to a hefty percentage of your overall value.

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