does annual salary include benefits
Example. If you have an employee who earns $40,000 per year, that $40,000 is her gross annual salary, but it is not her gross total compensation unless she receives no additional pay or benefits.otal gross compensation is the amount an employee receives before any deductions or adjustments. Unlike gross salary, which is the earned hourly or annual wages before deductions, total gross compensation includes tips, bonuses and other benefits employers give employees during the period being reported.