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Divide RSU by 4 and bonus is at least 10% explicitly written in the contract for me at least
What is LTIP?
TC = Total gross cash compensation earned within a fiscal year. (Of course, benefits count too from a cost avoidance standpoint if you’re focused on maximizing your discretionary income.)
Now that I sound like a complete Ned Ryerson, I’ll show myself out.
You did the whistling belly button trick at the high school talent show!
Base salary, bonus, long term incentives (for example, RSUs, stock options etc), spot bonus / recognition, holiday bonus, retirement (401k, pension plan), benefits.
Examples of benefits may include but are not limited to - car / travel reimbursement, relocation packages, childcare, dependent care, professional / financial services your firms offer etc.
Any type of insurance: health, dental, auto, professional liability, legal, pet etc)
These are all items your firm may or may not provide that would factor into a monetary financial reward. There are of course other perks like PTO, but these don’t factor into total compensation.
Few parts:
1) in year cash comp (salary + expected value of cash bonus)
2) in year RSUs/Options vested * value per RSU/Option (note: the preferred price per share that investors are getting may not equal the common price per share that employees get in a private co)
3) expected value of RSU/Option grant, again just what vests that year (note: this will stack up as you work in a company for several years)
If things go well, #2 + #3 will be the majority of your comp, e.g., I've been in my company for a few years and RSUs/Options that will vest for me this year are ~95% of my total compensation.