Careers and pay
Total compensation
Everything you're paid for a job: salary plus bonus, equity, pension, benefits and anything else of value. Often shortened to total comp or TC.
A plain-English explanation, not financial or tax advice. Rules and rates change, so check your own situation. For free, impartial guidance, try MoneyHelper. Disclaimer.
You'll hear it as
The base is lower, but total compensation is higher with the equity.
Why it matters to you.
Compare offers on total compensation, but value equity cautiously.
Also called Total comp, Benefits package.
Videos.
No video mentions Total compensation by name yet. These are on the same topic, Careers & hiring.