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Local (Dayton, OH): 937.865.6500 Toll-Free: 800.865.6543 Fax: 937.865.6502
Here's a definition for benefit statements
Benefit Statement, n. - A document showing an employee's total compensation, including all cash income and the value of all benefits; syn. - total compensation statement; hidden paycheck; employee benefit statement.
How do you use a total compensation and employee benefit statement?
What is myBenefitStatements all about?
We develop communication tools to help you show your employees the full value of their benefits and cash compensation. We produce high quality, personalized total compensation and employee benefit statements for hundreds of employers and thousands of employees each and every year. myBenefitStatements is all about creating employee benefit statements that are:
- Customized - using your logo, colors and images
- Personalized - for each individual employee
- Attractive - designs that draw your employees' eyes and attention to their statement - making them want to read it
- Easy to understand - clear, concise and easy to follow format
- Valuable - charts, graphs and images focus your employees' attention on key company strengths and clarify comparisons
- Accurate - working with you to provide an accurate presentation of each employee's total compensation package
- Timely - you set the target delivery date; we work together to meet it
We are committed to our clients - to be personable, responsive, and to earn your confidence as we work together producing your employee benefit statements and other communication materials."We appreciate your staff's attention to detail and willingness to customize the statements to meet our needs." - Director of Compensation in Dayton, OH
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More information from our newsletter about benefit and total compensation statements!
Total Compensation can be defined as all of the resources available to employees, which are used by the employer to attract, motivate and retain employees. Emphasizing everything your organization is offering your employees is the a great way to attract, motivate and retain the best talent. Retaining top talent can be as simple as communicating […]
What Should be Included in a Total Compensation Statement? Whether you’re looking to improve your employee retention or simply trying to show the value of your benefits package, everyone needs to consider the following information when creating Total Compensation Statements. Total Compensation Statements are designed to show employees how important they are to their organization […]
Benefits Matter: FIVE reasons you should provide personalized benefit statements for your employees According to the Aflac WorkForces Report, 79% of workers say they would be less likely to leave their job if they had a well-communicated benefits program. By teaming up with myBenefitStatements, employers are better able to communicate the big picture of their […]
According to a 2013 survey by the Employee Benefit Research Institute, researchers say that the current generation reaching retirement was told that retirement would be wildly rewarding. They believed they would only have to work until age 65, retire happy and live in financial comfort. However, the reality of shortfalls in financial planning has them […]
Planning your benefits communications programs based on Between 1946 and 1964 some 78 million babies were born, becoming known as the “baby boomer” generation. Over that 18 year period they hit every stage of life together, industries were created and fortunes were made as companies positioned and re-positioned themselves to serve this demographic. Baby boomers […]
What Our Clients Have to Say!
“Once again, I’m impressed with the great customer service of your company! Also, I appreciate the effort that goes into making sure all the receipts and documentation will [withstand] IRS scrutiny. Thanks!”
Participant manufacturing company
“Professional, knowledgeable staff, willing to do whatever we needed. I appreciate their cooperation and speedy responses… It was a lot easier than I thought it would be.”
Administrative Services Director, healthcare facility in Pennsylvania
“I like the statement; it provided a clear understanding of my total compensation. It’s the most valuable information I have ever received from the company.”
“Our benefit statements specialist is responsive, timely, follows up when necessary and very professional. I am pleased with his service.”
HR Generalist, Los Angeles, CA
“Based on internal feedback, providing benefit statements was indeed a strategic decision and will certainly help all level of employees put current compensation in a more enlightened perspective.”
Director of HR in Washington, DC