Understanding Your Compensation and Benefits

Course details

Whether you're new to the workforce or you've just accepted a job at a new company, understanding the compensation and benefits package is the first step in determining whether it's the right place for you. Expert recruiter Barbara Bruno has been negotiating compensation and benefits packages for the past 30 years on behalf of her candidates. In this course, she provides a step-by-step guide to help you understand what your prospective employer is offering you so that you can make a well-informed decision. Don't leave money on the table; find out how to negotiate salary, 401k matching, your benefits package, and other perks—even your review date—and get paid what you're worth.

Learning objectives
Negotiating your offer
Understanding the compensation schedule
Assessing the timing of reviews and salary increases
Reviewing the benefits package
Understanding the value of perks

Concepts

0. Introduction

01 - A job offer is more than salary and a start date

1. Prepare Yourself for the Offer

02 - Understand your employment category
03 - Prepare for pre-employment testing
04 - Consider the whole offer before accepting a job
05 - Negotiate your job offer effectively
06 - Request a written job offer

2. The Compensation

07 - Understand the benefits and drawback for biweekly vs. bimonthly pay
08 - Review your compensation package like an employer
09 - Decide if a paid or unpaid internship is right for you
10 - Negotiate the timing of performance reviews and salary increases

3. The Benefits Package

11 - Review your health benefits
12 - Consider taxation, timing, and eligibility of health benefits
13 - Understand cafeteria plans and flexible spending accounts

4. Additional Perks

14 - Evaluate your perks
15 - Evaluate your time off
16 - Evaluate your retirement benefits

Conclusion

17 - Put your knowledge of benefits into practice