We are huge proponents of thinking about pay holistically - thinking about the entire compensation package together, rather than zeroing in on just base salary.

**Why? ****If you think about the entirety of your compensation package - bonus, commuter benefits, 401k, healthcare, etc. - base salary typically accounts for somewhere between 50 - 70% of the total value. However, too often we see individuals focus just on base salary - ignoring all of the other components that go into it and often leaving money on the table! 💸

Here’s a great Harvard Business Review article overviewing some of the other benefits outside of base salary that can be negotiated!

Click the triangle to the left of various text blocks to see more information!

https://notion-ga.astrocket.vercel.app/collect?tid=UA-129164042-2&host=notion.so&page=81cents/Thinking-About-Pay-Holistically-15b9fd8e73af4c41b6b9054e55ab6bf1

We've found it helpful to think about compensation in 3️⃣ major categories:

• 1. Monetary

• 2. Near Monetary **

• 3. Non-Monetary

Here's why it's important to consider more than just base salary 💵

• 1. If you only negotiate base salary, you are leaving money on the table.

• 3. Most people ignore non-monetary compensation.

• 2. Really? How am I leaving money on the table?

• 4. Near-monetary compensation CAN be negotiated.

How Should I Evaluate My Offer? 🤔

• Here's a quick formula for how to value your offer. While not fully exhaustive, it will help you to think comprehensively about your total pay!

Next page ➡️ Equity as Compensation