How do you use a total compensation and employee benefit statement?
Benefit Statements, also called total compensation or total reward statements are provided to employees by HR and benefits management to show them a true picture of the costs and value associated with their benefits. The total compensation statements are sometimes referred to as “Hidden Paychecks” as employees often do not know or have never seen the costs employers pay for benefits. Total Compensation and benefit statements can be designed to meet the needs of the employer and the employees that will receive the documents. Click here to see a sampling of the statement options available. myBenefitStatements is happy to design a total compensation or benefit statement customized for your employees! Give us a call at 800.865.4485 or complete a contact us form.
- Simplifies benefits reporting for your HR and benefits management team
- Fully customized for your organization
- Unique, high impact charts & graphs
- Attention-grabbing full-color designs
- Direct mail to home addresses
- Affordable; NO setup fees!
- Fast turnaround
- Proven, professional service
- Pre-delivery customized communications available
- Over 40 combined years of experience on our team
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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.
There is an endless number of reasons to choose myBenefitStatements. Whether you choose us for the attention-grabbing designs, full customization, fast turnaround or to get a bang for your buck, rest assured that you will be more than satisfied with the results. Give us a chance and see why 100% of our clients say they would recommend our services!
What Our Clients Have to Say!
"I am very satisfied with the benefit statements and your services. [Our Project Manager] was excellent. She was organized, quick to respond, and very thorough. I also appreciated her flexibility as we moved our delivery date, adjusted timelines, changed language, etc. I did not experience any issues." - Healthcare Facility in Pennsylvania
“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.” - An Employee
“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
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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Toll-Free: (800) 865-4485
More information from our newsletter about benefit and total compensation statements!
SO…WHAT’S AN EMPLOYEE BENEFIT STATEMENT? Sometimes referred to as total compensation statements, hidden paycheck statements, or total rewards statements, an employee benefit statement is a communication piece that shows each employee the total value of their compensation package. An effective benefit statement should be simple, clear, dynamic, and personalized for each employee. It should tell […]
Total Compensation Statements: mail out, handout, or online distribution? If you are distributing total compensation statements to your employees by only one method, we recommend mailing to home addresses: There is greater opportunity for the spouse to see the statement if it arrives in the home mail box. They are often involved in the family […]
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