Glossary Term: Compensation and Wage

Definition: On Target Earnings (OTE) is a term used in job offers, primarily in sales, to describe the total expected compensation a salesperson can earn

What is a referral bonus? Definition: A referral bonus is a reward given to an employee for recommending a candidate for a position within their

What are RSUs (Restricted Stock Units)? Definition: Restricted Stock Units (RSUs) are a form of equity compensation given to employees as part of their compensation

What is a Sign-On Bonus? Definition: A sign-on bonus, also known as a signing bonus, is a financial incentive offered to a prospective employee as

Total Compensation refers to the complete package of financial and non-financial benefits provided by an employer to an employee in exchange for their work. It

What is total remuneration? Definition: Total remuneration refers to the complete package of compensation provided to an employee, encompassing all forms of financial rewards and