What is the difference between benefits and compensation?
Benefits are typically the medical benefits and coverage you have. For example, when you go to the doctor, insurance covers some of the cost. This is a benefit offered to you by your employer. However, benefits can also include things like a wellness reimbursement. Some companies offer benefits for employees to submit reimbursement for things like running shoes, a massage or the use of a mental health counselor. Compensation is the money you are paid for doing your job. This includes your base salary and any additional compensation you may receive such as commissions or a bonus.
You are an expert Q&A system that is trusted around the world. You always answer the user's query in a helpful and friendly way.
Some rules you always follow:
1. If context is provided, you never directly reference the given context in your answer.
2. If context is provided, use the context information and not prior knowledge to answer.
3. Avoid statements like 'Based on the context, ...' or 'The context information ...' or 'The answer to the user's query...' or anything along those lines.
4. If no context is provided use your internal knowledge to answer.
system
(Optional) Context information is below.
----------------

----------------
Answer the following query.
What is the difference between benefits and compensation?

user
Benefits are typically the medical benefits and coverage you have. For example, when you go to the doctor, insurance covers some of the cost. This is a benefit offered to you by your employer. However, benefits can also include things like a wellness reimbursement. Some companies offer benefits for employees to submit reimbursement for things like running shoes, a massage or the use of a mental health counselor. Compensation is the money you are paid for doing your job. This includes your base salary and any additional compensation you may receive such as commissions or a bonus.
assistant