Money WondersPlay

Work & the Rat RaceCompensation

Your Total Compensation

Your salary is only part of what a job pays

Two job offers: $64,000 and $60,000. Which one pays more? If you said the bigger number, you could be thousands off.

You'll find out

  • The share of your pay you never see
  • What your employer pays for your health
  • When a smaller salary is the bigger job

Why it matters

Every job offer is a number plus a package. The package can be worth thousands, and it never shows on a paycheck.

About 3 min6 interactive slides · 5 questionsLesson 154 · Zone 18

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More in this zone

  1. 155Retirement PlansThe Employer MatchMoney your employer adds when you save
  2. 156CareersA Dozen Jobs in a LifetimeThe average American career has many chapters
  3. 157TaxesW-2 or 1099Employee or contractor changes your taxes
  4. 158Labor LawEvery Hour Over 40 Pays ExtraMany salaried workers get no overtime at all
  5. 159NegotiationNegotiating Your PayThe first number on the table shapes the result
  6. 160EarningsWhat a Raise Is WorthA small raise compounds across a career
  7. 161Decision MakingThe Sunk Cost TrapYears already spent shouldn't decide the next ones
  8. 162AmbitionThe Bobbin BoyAndrew Carnegie started at $1.20 a week in a cotton mill, built a steel empire, and gave most of it away