Estimate the value of job benefits.
Comparing offers on base salary alone ignores a package that is commonly worth 25-40 percent on top. Pension contributions are straightforward — a percentage of salary the employer adds. Employer-paid health premiums are a real cash saving. Paid time off is valued at your own daily rate, which is why it is reported separately from total compensation: it is time you are paid for rather than additional money.
Package valuation
Daily rate = salary / 260; pension = salary x contribution rate; PTO value = daily rate x PTO days; benefits total = pension + health + PTO value + other perks
Illustrative valuation only. The tax treatment of pension contributions, health cover and benefits in kind differs by jurisdiction and materially affects their net worth. Take professional advice for decisions that depend on it.
It is genuine value but not extra money, because it is already inside your salary. It is shown separately so you can compare two offers with different leave entitlements without inflating the cash figure.
Around 25-35 percent of salary for a mainstream employer once pension, health cover and payroll taxes are included. Packages above 40 percent usually indicate generous pension matching or fully funded family health cover.
Do not put them in the perks field at face value. Bonuses are contingent and equity is illiquid and risky, so they belong in a separate comparison where you can discount them for probability.