(a) The state board shall establish and maintain a statewide job bank to assist the recruitment and reemployment of experienced professional, service and extracurricular personnel. The job bank shall consist of the following for each county:

1. (1) A list of the names, qualifications, and contact information of all professional, service, and extracurricular personnel who have been terminated because of a reduction in force, except personnel who have requested in writing that they not be listed in the job bank;
2. (2) A list of professional, service and extracurricular positions for which the county is seeking applicants; and
3. (3) A total compensation statement for each listed position.

(d) The following terms are defined as follows:

1. (1) “Direct compensation” means base salary and incentives that are provided regularly and consistently.

2. (2) “Indirect compensation” means any noncash benefit provided to an employee, including, but not limited to:

   1. (A) Health insurance;
   2. (B) Dental insurance;
   3. (C) Vision insurance;
   4. (D) Life insurance;
   5. (E) Disability income protection;
   6. (F) Retirement benefits;
   7. (G) Employer student loan contributions or other employee assistance programs;
   8. (H) Educational benefits;
   9. (I) Childcare;
   10. (J) Relocation benefits; and
   11. (K) Vacation leave, sick leave, and any other form of paid time-off.
3. (3) “Total compensation statement” means a list of direct and indirect compensation provided or offered for a position, including an itemized list of the types of compensation provided or offered and a cumulative total of the value of all compensation provided or offered.