Get ‘fits

Here’s how to tell how much your benefits package is worth [ThePennyHoarder.com]( October 4th, 2018 It might be one of the more blah days of the week, but it’s also National Taco Day, so we’re calling it what it is — a good day. Today, we’re talking about compensation packages and how to compare offers from different companies when you’re on the job hunt. First, this news… Retire Like a Boss| One of the most important accounts you can have is your Individual Retirement Account (IRA for short.) But, spoiler alert, there are different types! We broke down the difference between the [two most popular IRAs]( so you can decide which one’s right for you. I’ll (Win a) Home for Christmas| HGTV is giving away a $720,000 house in Ohio and $50,000 in cash [to one lucky winner](. The deadline to enter is Nov. 21, and the winner will be picked Dec. 3. That’s just enough time before Christmas to stick your $20 artificial tree in the window. Help Us Out! Have you ever signed up for a credit card hoping to earn big rewards like cash back or free travel, but found that it was too hard to earn rewards? Did you end up in debt because of your efforts? One of our writers wants to hear your story. [Fill out this quick form to get in touch]( Get ‘Fits| When you’re hunting for a job, it can be easy to get caught up in the numbers. If the salary doesn’t look quite right, you might feel like the right answer is to pass. You know your worth, you have a number in mind and you’re going after what you want and refusing to settle for less. And those are all good things! Just don’t forget to factor in the benefits. In a hot job market where employers are having to work hard to woo potential employees, benefits have become pretty valuable. In fact, according to the Bureau of Labor Statistics, benefits account for 31.8% of an employee’s total compensation. That means those benefits are worth something — even if the number doesn’t show up on your paycheck. If you’ve been confronted with more than one job offer (or are just trying to keep a little perspective when it comes to the job hunt), it’s important to compare the total benefits packages. Maybe one company offers a slightly higher salary, but if the other offers company-paid health insurance, your take-home pay with the second company could actually be higher. Yep, there are a lot of things to consider when it comes to benefits, which is why we’ve put together [a guide that shows you how to do a side-by-side comparison of compensation packages]( — including how to assign value to those harder-to-nail-down benefits. WORD OF THE DAY Benefits package (n): The entirety of the non-salary perks a company offers as part of your total compensation. Usually, this consists of things like health insurance, vacation days or paid sick time — but some companies go beyond the basics. The benefits package a company offers can tell you a lot more than just what your total compensation will add up to. That benefits package can also tell you a lot about the company’s culture. No matter what kinds of perks you’re looking for, it’s important to read between the lines and [understand exactly what those benefits are telling you about your potential employer](. The Penny Hoarder | 490 1st Ave S, Suite 800 | Saint Petersburg, Florida 33701 | United States [Unsubscribe]( from all email from The Penny Hoarder. Questions? View our [Privacy Policy](. Having trouble reading this email? You can [view it online](.