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Top ten reasons to choose myBenefitStatements

  1. Fully customized for your organization
  2. Unique, high impact charts & graphs
  3. Attention-grabbing designs
  4. Direct mail to home addresses
  5. Affordable; NO set up fees!...

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432 East Pearl Street Miamisburg, OH 45342

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Local: 937.865.6500 
Toll-Free: 800.865.6543 Fax: 937.865.6502

learn more about benefit statements & total compensation statements

What is a benefit statement?

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?

Benefit Statements, also called total compensation or total reward statements are provided to employees to show them a true picture of the costs and value associated with their benefits. The total compensation statements statements are sometimes referred as “Hidden Paychecks” as employees often do not 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
Benefit statement sample - table side example

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!

total compensation statements

401(k) vs 401(a)?

401(k) The 401(k) is today’s most popular retirement plan. Employees may contribute pretax dollars to their plan up to an IRS limit of $18,000 this year, with a Catch Up contribution of an additional $6,000 if the employee will be at least 50 years old by December 31st. The employee may contribute through payroll deductions […]

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Tips For Inspiring Employees

Any CEO knows that inspired employees are motivated employees. Those are the employees who will continue to work happy, hard, and be highly productive. So how exactly do you inspire your employees? Here are some great examples of how to keep your employees and your company successful. Be the good example. Remember, attitudes are contagious. […]

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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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The Many “Benefits” of Benefit Statements

Whether you’re an expert or new to providing Benefit Statements, do you really know the full value that Benefit Statements provide? Benefit Statements are more than a document with dollar values capturing that “bigger picture.” Benefit Statements can be used to help employees understand more about their benefits, emphasize what benefits are available, and much […]

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Total Compensation Statements – Best Practices for Data Submission

Total Compensation Statements – Best Practices for Data Submission A frequently asked question is, “how should I send you my data?” Here are some guidelines to assure accuracy and smooth transition. Most vendors prefer to receive your data in an Excel or CSV file. To avoid transcription errors, hand enter data only when necessary, then […]

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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.”

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

producing millions employee benefit and total compensation statements