What aspect of employment often includes healthcare, retirement, and other benefits?

A compensation package encompasses not just salary but also various additional benefits that contribute to the overall value of employment. These benefits often include healthcare coverage, retirement plans, paid time off, and other perks that enhance employee satisfaction and financial security. The importance of a compensation package lies in its comprehensiveness, as it attracts talent and provides a holistic view of the total rewards an employee receives from their employer.

In contrast, a wage structure focuses primarily on the salary or hourly pay without necessarily addressing the accompanying benefits. A job description outlines the expectations and responsibilities of the position but does not typically delve into the benefits offered. Employment type refers to whether a worker is full-time, part-time, temporary, or contract-based, which does not specifically relate to the inclusion of additional benefits. Thus, the compensation package is the correct choice for encompassing the full range of employment benefits.