Benefit Statements

 

You value your people.
Let them know just how much.

Companies know that total compensation is made up of more than just salary…but do their employees know? Compensation encompasses all employee investments, including a range of benefits and pre-tax savings opportunities. In fact, one of the top three company annual expenditures is the Benefits Package provided to employees – designed to protect, and attract, highly valued employees and executives. So how do you market this to your population?

Simple solution: Benefit Statements. Of all the benefit education and communication services we offer, employee Benefit Statements are an essential element and, therefore, a standard service. Industry studies show additional non-cash compensation ranges from 20 to 40 percent of an employee's salary, making it a vital selling point and crucial element in workforce retention. When employees can quantify your investment in them, they become more invested in you. Our Benefit Statements will effectively communicate this to your employees by presenting detailed information on cash compensation, benefits plans, estimated tax savings, PTO, retirement & investment balances, and more.

Our Client Services team works directly with your HR department to capture all census data and then manages the creation and distribution of the benefit statements so that you don't have to worry about a thing!


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