A common employer benefit is a registered retirement savings plan (RRSP) matching program. The employee can contribute to their savings plan and the employer will match their contribution up to a certain amount.
Stock options are the right given to an employee to buy shares in the company for a certain price. For example, the option could be given to buy shares in the company for $2 a share. If the value of the shares rise to say $10, the employee makes $8 a share. Stock options can be given whether the employer is a public company with shares listed on a stock exchange, or a private company without publicly traded shares. Stock options are normally given to just senior or executive employees.
Equity compensation plans include a variety of share based compensation that ties the company's performance to the amount of money the employee gets. For example, these plans can include restricted share units (RSUs), performance share units (PSUs), deferred share units (DSUs), or restricted stock. If you've looked into these equity compensation plans for your employees and they may be a part of this job's pay, select this option. Equity compensation plans are normally only given to senior or executive employees, but they are sometimes given to other types of employees as well.
Profit participation plans are when the employee gets a certain amount of money based on the profit the company makes in the year. If the company makes enough in the year, the employee gets a percentage of the profit. Profit participation plans (sometimes also called profit sharing plans) are usually only given to senior or executive employees, but that's not always the case. WestJet, for example, is famously known for having a profit sharing plan for most of its employees.
Bonuses are a common part of employee compensation. Usually at the end of the year, if the employee has done well he or she will get an extra amount of pay known as a bonus. Bonuses are sometimes tied to company performance too.