Author Archive | Craig Schrolucke

Business accounting

The Real Cost of Employee Turnover – and how to avoid it!

There are a number of factors that contribute to the cost of replacing an employee. Here are just a few: Overtime – for other employees and temporary staffing Advertising – search agency fees Time – sifting through resumes, interviewing, making contacts, arranging meetings, coordinating schedules Evaluation – background checks and testing, certifications Training – lost […]

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total compensation statements

Total compensation and why you should care

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 […]

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successful benefit statement planning

Realities of Workers Nearing Retirement Age

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 […]

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building where IRS regulations and rates are made

IRS Announces More Generous Retirement Contribution Limits for 2015

When building a total compensation statement or benefit statement, it’s important to include annual retirement contribution limits. Not only does it help employees understand their options, it can also serve as a reminder of available retirement plan options and changes. These days, it’s pretty rare that taxpayers get a break. But they’re getting one for […]

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Healthcare costs

Prepare employees to take control of their health and wellness by communicating

According to a recent study, 47% of employers say they probably or definitely will switch to a defined contribution type of health care plan. Although the majority of employees don’t want to take more responsibility for their medical insurance, the research shows it seems to be trending in that direction. A lot of workers are relying […]

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open enrollment sample form

Open Enrollment forms from myBenefitStatements make it easier for you!

You have come to know myBenefitStatements for creating high quality – easy to read – total compensation statements.  Using these same ideas, we have created straightforward, easy to complete benefits enrollment forms for your clients’ next open enrollment period.  In a recent study, employers ranked effective communications during open enrollment as their number one challenge, […]

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open enrollment sample form

Introducing Open Enrollment Forms

You know myBenefitStatements for creating high quality, easy to read, total compensation statements. Now we have created easy to follow benefits enrollment forms for your next open enrollment period.  Recent studies show that many employees are confused or frustrated while selecting their benefits (Employee Benefit News, April 1, 2009, p. 17). In some cases self-service […]

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