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 excamples.
- 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