And what you earn will be based upon the value you bring to the new business organization. Value is the measure of what an employer can expect from you as quantifiable and measurable output for the amount of the employer's input, i.e. the total amount it costs the employer to have you in the organization. Your value also increases in direct proportion to how well you can demonstrate how your accomplishments relate to the needs of the new organization. Your thoroughness in researching the organization will really pay off here. Understand total compensation .
Total compensation is a combination of salary and benefits.
Direct compensation is your gross salary before taxes and other deductions, such items as a payroll savings plan, stock purchase option, or special purpose allotment. What remains after taxes and deductions is your net salary, the amount you get to keep and spend. Employers, however, always compute the burdened cost of an employee. The burdened cost is the direct compensation cost plus all the indirect costs. The indirect costs include government benefits, organizational benefits and perks that are not otherwise attributable to your direct effort.