Compensation may also be used as a reward for exceptional job performance. Examples of such plans include: bonuses, commissions, stock, profit sharing, gain sharing .
Read moreWhat would be the salary package?
Salary packages typically include your base salary as well as additional benefits, incentives or rewards, such as superannuation, annual and sick leave, car allowance or bonuses . With a salary package, money is usually deducted from your salary before tax for these items or services.
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