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A total compensation package is a document that sets out all the elements of compensation for an employee. COMPackage software allows any company or agency to easily, securely and inexpensively generate total benefit statements.This report is only a summary. This report is only a summary. A compensation package is a summary of all the ways that a company directly or indirectly pays employees. What's the difference? This calculates the total increase in compensation for each employee. 69 per hour worked and represented 62. The Executive Branch Total Compensation report summarizes potential compensation costs for the calendar year. A compensation package is a summary of all the ways that a company directly or indirectly pays employees.