Other Compensation Definition

Other compensation can include educational assistance, non-production cash bonuses, and medical reimbursement accounts.

Other Compensation Extended Definition
Compensation received by an employee can be divided into two categories: reportable and other.

Compensation accounted for in an employee’s Form W-2 is called reportable. Other compensation includes benefits not covered in this category.

The Department of Labor (DOL) includes educational assistance, non-production cash bonuses, and medical reimbursement accounts under other compensation.

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Last Updated By

Rachel Blakely-Gray | Apr 28, 2023