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My employer does the same thing. They give you a paper with the cost of your benefits (insurance, meals, etc) and call it "total compensation". At least the paper specifically mentions how much of that is base wage, bonus, and benefits.
I worked for a large coffee chain and there was an issue with employee pay all around. During a district meeting the manager sat there with a calculator totalling up the free coffee we get and how much our pay "actually" was. Needless to say I don't work there still.