According to HR professionals the cost of replacing an employee is conservatively estimated at 26.8% their annual salary. (It costs your company $8,040 to replace an employee earning $30,000!)
–2005/2006 Employee Job Satisfaction and Retention Survey from Salary.com
How many employees did you replace last year? You do the math and then compare the replacement cost with the fee for total compensation statements.
The typical employer can provide a total compensation statement for every employee at a fraction of the cost of replacing just one employee! Why wouldn’t you use benefit statements?
Check out samples of our benefit statements or request a benefit statement services quote.