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3.1-compensation-package.md

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3.1 Compensation package

There are two types of compensation: direct compensations and indirect compensations. For most tech companies, direct benefits include three main components:

  • base salary (cash)
  • equity grants (shares, options)
  • bonuses

Indirect benefits are more diverse and can be very generous but often at major tech companies. Below are some examples.

  • health insurance
  • 401(k) matching
  • catered meals, snacks and drinks
  • wellness stipend for gym membership, workout gear reimbursement, massages, physical therapy, meditation
  • subsidy for commuting, phone, phone plan
  • corporate discounts for car rentals, flights, electronics, events
  • student loan repayment
  • education assistance programs such as tuition reimbursement
  • conference attendance assistance
  • paid time off