@parados,
If I were to guess, I'd say 'compensation package' would include salary, employer pension contribution and fringe benefits such as health, life, disability and dental insurance; vacation/holidays; sick leave and retirement health care.
And based on what the wealthier districts pay their public school personnel (salary + fringe benefits), I'd think JPB's statement of the average compensation package being $96,500 is probably accurate (for her school district).