yearly compensation

USAGE SUMMARY

The phrase "yearly compensation" is correct and usable in written English.
It can be used when discussing the total amount of money an employee earns in a year, typically in a professional or financial context. Example: "The yearly compensation for this position includes both salary and bonuses."

✓ Grammatically correct

News & Media

Formal & Business

Science

Human-verified examples from authoritative sources

Exact Expressions

15 human-written examples

As head of the railroad, she will receive a yearly compensation package worth $272,000.

The New York Times

For some executives, a yearly compensation package that includes a cash bonus must seem positively quaint.

The New York Times

The cloud computing company billionaire made $106m of his yearly compensation from share options.

The Guardian - Business

Primary care doctors are relatively under-reimbursed, but still average approximately $220,000 in yearly compensation.

The New York Times

He told his top 300 executives soon after he arrived that he expected them to own I.B.M. stock equal to one to four times their yearly compensation.

The New York Times

Today's manufacturing jobs provide an average yearly compensation of $49,000 per worker, nearly 17percentt higher than in the private sector overall.

The New York Times

Human-verified similar examples from authoritative sources

Similar Expressions

43 human-written examples

This could help put that money flow into perspective: It takes the full tuition of 65 students to pay for the yearly total compensation of the highest-paid public university president in Illinois at the University of Illinois.

Huffington Post

In particular, people in the financial services industry who derive most of their compensation from yearly bonuses commonly rely on interest-only loans to keep their mortgage payments manageable the rest of the year.

The New York Times

The bulk of Mr. Trani's compensation was his yearly salary and bonus, some $2.3 million, $500,000 more than he was paid in 1998 and in 1997.

The New York Times

Under a 1997 agreement with President Boris N. Yeltsin, Russia has paid France $400 million -- eight half-yearly payments of $50 million -- in compensation for the huge sums lost in the turmoil and aftermath of the Russian Revolution.

The New York Times

Facebook says it reviews its compensation data for gender fairness yearly, and makes adjustments when it finds apparent inequity.

The New York Times

Expert writing Tips

Best practice

When discussing executive pay or high-level positions, use "yearly compensation" to encompass all forms of payment, including bonuses, stock options, and benefits.

Common error

Avoid using "salary" as a direct substitute for "yearly compensation" when describing total earnings. Salary only refers to the fixed wage, while compensation includes additional benefits such as bonuses, stock options, and insurance.

Linguistic Context

The phrase "yearly compensation" primarily functions as a noun phrase, acting as the subject or object in a sentence. It refers to the total amount of remuneration an individual receives in a year for their services. Ludwig examples illustrate its use in discussing executive pay, manufacturing jobs, and even earthquake victim assistance.

Expression frequency: Common

Frequent in

News & Media

65%

Formal & Business

20%

Science

15%

Less common in

Encyclopedias

0%

Wiki

0%

Reference

0%

Ludwig's WRAP-UP

In summary, "yearly compensation" is a grammatically correct and commonly used noun phrase that refers to the total remuneration an individual receives annually. Ludwig AI confirms its usability across various professional and formal contexts. While frequently found in news and business settings, its register leans toward neutral to professional. When using this phrase, remember that it includes all forms of payment, such as salaries, bonuses, and benefits. For alternatives, consider "annual income" or "total annual remuneration" for similar meanings.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

annual income

Focuses specifically on the income received in a year, without necessarily including benefits or other forms of remuneration.

annual salary

Emphasizes the fixed amount of money earned per year, typically excluding bonuses or commissions.

yearly earnings

Highlights the total amount earned in a year, encompassing all sources of income.

total annual remuneration

A more formal and comprehensive term that includes all forms of payment and benefits received annually.

yearly pay

A simpler and more direct way to refer to the amount paid to someone each year.

annual compensation package

Highlights that the compensation is more than just salary and includes other benefits.

annual financial reward

Focuses on the financial aspect of compensation as a reward for services.

yearly remuneration

A more formal synonym for compensation, implying payment for services rendered annually.

annual employee cost

From the employer's perspective, this refers to the total cost of employing someone for a year.

yearly cost of employment

This term emphasizes the overall expense associated with employing an individual for a year.

FAQs

What's the difference between "yearly compensation" and annual salary?

"Yearly compensation" is a broader term that includes salary plus bonuses, benefits, and other perks. Annual salary refers only to the fixed amount paid, without these additions.

What can I say instead of "yearly compensation"?

You can use alternatives like "annual income", "total annual remuneration", or "yearly earnings" depending on the context.

Is it correct to use "yearly compensation" in formal writing?

Yes, "yearly compensation" is appropriate for formal writing, especially when discussing executive pay or employment benefits. It's a clear and professional term.

How is "yearly compensation" calculated?

"Yearly compensation" is calculated by adding up an employee's salary, bonuses, commissions, stock options, and benefits (such as health insurance and retirement contributions) over a 12-month period.