|
|
|
Q: |
What is total cash
compensation? |
|
|
|
|
|
A: |
Total Cash Compensation (TCC) is composed of 3 basic
elements: base pay, base pay progression (merit
pay),
and variable/incentive pay. Some companies also include
a fourth component, Cost
of Living Adjustment (COLA).
|
|
|
|
|
|
|
|
|
|
|
|
|
|