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Employment Benefits, Bonuses, ect

Posted on 4/8/13 at 8:27 pm
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/8/13 at 8:27 pm
You hear a lot about salary (im about to enter the workforce) but not as much about benefits. From what I have seen, salary will make up 60-75% of total compensation. Is this generally correct? Can you gurus share some experiences?
Posted by BACONisMEATcandy
Member since Dec 2007
46739 posts
Posted on 4/8/13 at 10:51 pm to
This will most likely change for most due to Obamacare fwiw
Posted by MamouTiger65
Baton Rouge, La
Member since Oct 2007
857 posts
Posted on 4/8/13 at 10:58 pm to
My current employer has some great benefits that have made it hard for me to consider leaving. They cover 90% medical, 100% dental, 21 vacation days, 8 holidays, annual bonus around 5% of salary, annual Roth401K contribution of 5% regardless of how much you contribute, they setup an employee stock ownership plan and incredibly flexible schedules. I follow the job market for my field closely, and not many companies come close to matching it.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/8/13 at 11:08 pm to
Thanks Obama.
Posted by wegotdatwood
Member since Aug 2009
17094 posts
Posted on 4/8/13 at 11:21 pm to
My wife is fixing to start a new job.

5% match on 401k, $50 child care reimbursement, flexible spending account. I guess mainly standard stuff.
Posted by ZereauxSum
Lot 23E
Member since Nov 2008
10176 posts
Posted on 4/9/13 at 6:49 am to
I just had my annual review. Whenever we get compensation changes we get a breakout of our total comp. My salary was 83.7% of my total comp last year.

This year I got a bonus so that will probably push closer to 90% for 2013.
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