Define: Total Annual Compensation
Total Annual Compensation means the sum of an individual's base salary, regular earnings, bonuses, overtime, commissions, incentive payments, and dedicated contributions.
Total Annual Compensation means the sum of an individual's base salary, regular earnings, bonuses, overtime, commissions, incentive payments, and dedicated contributions.
Relevant Circumstances
- When hiring a new employee
- When renewing or modifying an existing employee contract
- When hiring a contractor or freelancer
- When establishing or modifying an executive's compensation