Compensation packages typically include many elements such as wages/salary, bonus plans or incentives, healthcare benefits, vacation time, and other perks. Considering each of these components together and comparing them with what you already earn in your current role can help you assess whether the 'total' compensation offered is worth taking up versus staying put. Remember, too, that not all employment relationships involve direct monetary payments, such as if you're volunteering or working in an unpaid internship. Being able to place a monetary value on the total compensation package being offered will strengthen your bargaining power and give you peace of mind when making that informed decision about what’s right for your career journey.

Company culture plays a major role in providing employees with job satisfaction and contentment. As much as salaries and benefits are important, they serve little purpose if the work environment is not conducive to creating happiness. A positive company culture can help balance the desire for success and individual well-being. It lends itself to an atmosphere of collaboration, allowing employees to draw upon each other's strengths while engaging in healthy competition.

More info: Evaluating a Job Offer