Meaning of the word "benefits package" in English

What does "benefits package" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

benefits package

US /ˈben.ɪ.fɪts ˌpæk.ɪdʒ/
UK /ˈben.ɪ.fɪts ˌpæk.ɪdʒ/
"benefits package" picture

Noun

1.

the non-wage compensations provided to employees in addition to their salaries, such as health insurance, paid time off, and retirement plans

Example:
The company offers a comprehensive benefits package, including medical, dental, and vision insurance.
When considering a new job, always look at the entire benefits package, not just the salary.
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