Overview
This page collects detailed compensation information for each position, including base salary, various forms of additional compensation, and benefits. This data provides a comprehensive view of total compensation packages and incentive structures within your organization.
Fields
| Base salary |
Description | The fixed annual pay for an employee that serves as the foundation for total compensation calculations. This amount represents the guaranteed annual compensation before any additional payments or benefits. |
Required | ✓ |
Example |
|
Type of data | Currency |
Validation | Must be a positive integer |
Source | Payroll Records |
| Deferred compensation paid |
Description | Compensation earned in the current period but paid at a future date. This is typically stated explicitly in a letter from management or board and serves as an incentive for long-term retention. This amount represents compensation actually paid out during the fiscal year, not future commitments. |
Required | - |
Example |
|
Type of data | Currency |
Validation | Must be a positive integer |
Source | Payroll Records |
| Bonus & incentives |
Description | Additional compensation awarded to incentivize or reward performance. This includes all performance-based payments, special achievement awards, and other incentive compensation paid during the fiscal year. |
Required | - |
Example |
|
Type of data | Currency |
Validation | Must be a positive integer |
Source | Payroll Records |
| Other reportable |
Description | Any additional taxable income that doesn't fit into base salary, bonuses, or deferred compensation categories. This includes taxable benefits such as term life insurance premiums for coverage over $50,000 and other taxable fringe benefits. |
Required | - |
Example |
|
Type of data | Currency |
Validation | Must be a positive integer |
Source | Payroll Records |
| Non-taxed benefits |
Description | Benefits provided to the employee that are exempt from taxation. This includes the full value of all benefits (health, dental, long-term disability, accident, death and disability insurance, etc.) regardless of employee contribution. For partial employee-paid benefits, include the total premium amount even if the employee pays a portion through pre-tax deductions. |
Required | - |
Example |
|
Type of data | Currency |
Validation | Must be a positive integer |
Source | Payroll Records |
| Basis for bonus |
Description | Explains the structure or criteria that determines bonus eligibility. This indicates whether bonuses are based on performance metrics, contractual agreements, or other established criteria. |
Required | - |
Example |
|
Type of data | Dropdown Selection |
Validation | Must select from predefined options |
Source | Payroll Records |
| Min as % of base |
Description | The minimum guaranteed bonus percentage of base salary, when applicable. This establishes the baseline for potential bonus compensation and helps understand guaranteed minimum incentive structures. |
Required | - |
Example |
|
Type of data | Number |
Validation | Must be a positive integer |
Source | Payroll Records |
| Max as % of base |
Description | The maximum possible bonus percentage of base salary. This defines the upper limit of potential bonus compensation and helps understand the full range of incentive opportunities. |
Required | - |
Example |
|
Type of data | Number |
Validation | Must be a positive integer |
Source | Payroll Records |
| Amount awarded |
Description | The actual bonus or incentive amount awarded during the fiscal year. This reflects the real compensation delivered based on performance achievement or other predetermined criteria. |
Required | - |
Example |
|
Type of data | Currency |
Validation | Must be a positive integer |
Source | Payroll Records |
| Length of schedule for awarded deferred compensation |
Description | The duration (in years) over which deferred compensation will be distributed. This information helps understand the long-term nature of compensation arrangements and their role in retention strategies. |
Required | - |
Example |
|
Type of data | Number |
Validation | Must be a positive integer |
Source | Payroll Records |
Tips for This Page
Gather all compensation data from official payroll records
Include the full value of benefits, even if partially employee-paid
Ensure bonus amounts reflect actual payments made during the fiscal year
Verify deferred compensation payments against payment schedules
Cross-reference benefit values with provider invoices
Document the basis for any special compensation arrangements
Related Resources
[Compensation Categories Guide]
[Benefits Valuation Guide]
[Bonus Structure Documentation]
[Deferred Compensation Policies]