Base Pay
State annual or hourly rate, pay frequency, and any probationary pay adjustments; specify overtime eligibility and exempt/nonexempt classification under the FLSA.
A clear package reduces disputes, improves retention, and ensures payroll and tax compliance by documenting pay elements and conditions.
Human resources, hiring managers, payroll teams, and legal counsel normally prepare compensation packages.
Employees, candidates, and finance receive finalized packages for review, acceptance, and payroll processing.
State annual or hourly rate, pay frequency, and any probationary pay adjustments; specify overtime eligibility and exempt/nonexempt classification under the FLSA.
Bonus formulas, commission rates, target percentages, performance metrics, payment timing, and conditions that can defer or claw back variable compensation.
Stock option or RSU grant size, vesting schedule, exercise price, tax treatment, and any forfeiture conditions on termination or change in control.
Health, dental, vision, retirement contributions, paid time off accrual, and eligibility date for each benefit plan with enrollment windows.
Employment at-will statement (if applicable), confidentiality or IP obligations, noncompete/NDAs, and conditions that modify compensation.
Authorized signer blocks with printed name, title, and date for employer and employee; note any witness or notary requirement if applicable.
| Field | Configuration |
|---|---|
| Approval Order | Add sequential signers: HR → Manager → Finance |
| Authentication | Use email + optional SMS code or advanced signer ID as required |
| Conditional Fields | Show equity fields only when equity grant checkbox enabled |
| Retention Settings | Enable audit trail and secure storage for required retention period |
Ensure your chosen system integrates with payroll and HR systems to push compensation data and maintain consistent records across tools.
Set payroll frequency (weekly, biweekly, semimonthly, monthly) and publish cutoff dates to employees.
Provide W-2s to employees by Jan 31 each year for the prior calendar year.
Issue 1099-NEC to contractors and file with IRS by Jan 31.
Open enrollment and effective dates vary; communicate enrollment windows clearly.
Retain I-9 forms per federal rule: 3 years after hire or 1 year after termination.
| signNow | DocuSign | Adobe Sign | PandaDoc | HelloSign | |
|---|---|---|---|---|---|
| Starting Price | $8/user/mo | $15/user/mo | $14/user/mo | $19/user/mo | $15/user/mo |
| Free Trial | 7-day free trial | Yes | Yes | Yes | Yes |
| Bulk Send | Yes | Yes | Yes | Yes | No |
| Audit Trail | Yes | Yes | Yes | Yes | Yes |
| HIPAA Compliant | Yes | Yes | Yes | No | No |
| Envelope Cap | No cap | 100 envelopes/user/year | Varies by plan | Varies by plan | Varies by plan |