Salary Summary 2021: Key Trends And Insights

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Salary Summary 2021

Here’s a breakdown of salary information for 2021 for SCOTT and SUZANNE:

SCOTT earned a total of $93,286.86 in 2021. This includes a base salary of $91,575.53, $134.46 in bonuses, and $18,125.72 in other compensation.
SUZANNE received a total of $51,156.97 in 2021, comprised of $51,156.58 in base salary and $0.39 in other compensation. She also received $10,768.89 in bonuses.

Understanding Salary Components

Let’s break down what these salary components mean:

Base Salary: This is the core amount you earn for your work, typically paid on a regular schedule (like weekly, bi-weekly, or monthly).
Bonuses: Bonuses are extra payments given to employees based on performance, company profitability, or other criteria. They can be paid out once or multiple times throughout the year.
Other Compensation: This category can encompass a wide range of things, such as:
Stock options: The right to buy company shares at a specific price in the future.
Benefits: Health insurance, retirement contributions, paid time off, and other perks.
Perks: Company cars, gym memberships, or other benefits offered to specific employees.

Important Considerations

It’s essential to remember that salary information can be complex. Always check your pay stubs carefully to understand the breakdown of your earnings. If you have any questions about your salary, don’t hesitate to reach out to your HR department.

Remember: This summary presents a snapshot of salary information for 2021. Salaries can change over time based on factors like promotions, performance reviews, cost-of-living adjustments, and company performance.