Free Benefits Value calculator with clear step-by-step results.
Salary is the part of an offer that is easy to compare and the part that understates it most. Employer retirement contributions are deferred pay, employer-funded health cover replaces a premium you would otherwise pay from taxed income, and paid leave above the statutory minimum is salary you receive without working — valued here at your daily rate over a 260-day working year. Together these commonly add 20-40% on top of base pay, which is why two offers with identical salaries can differ materially.
Benefit components
Retirement = salary × match %; leave value = salary ÷ 260 × extra leave days
Total
Benefits = retirement + employer health + leave value + other; total comp = salary + benefits
The tax treatment of employer contributions and benefits in kind varies by country and can change the real value substantially. Confirm the position with a qualified tax or employment adviser before relying on a comparison.
260 is the approximate number of weekdays in a year, so salary ÷ 260 is your daily rate. Extra leave days are then worth that rate each, which is the cleanest way to price them against a competing offer with less leave.
Only if you are comparing across countries or employment types where they differ. Within one market, statutory entitlements are common to every offer, so counting only the amount above the minimum keeps the comparison meaningful.
Include only the amount you realistically expect to vest and receive, discounted for the vesting period and the risk. Putting the full headline grant into the total overstates most offers considerably.