Industry studies show that while employees receive thousands of dollars in benefits annually, most have no idea what their benefits are or how much they are worth. A lack of appreciation for employer paid fringe benefits often has a negative impact on employee morale, which can lead to increased turnover, lower productivity, higher operating cost and decreased profits.

That's why employers need to give their employees a personalized benefit statements that show the employee all of the benefits the employer provides and how much those benefits are worth.

What are Employee Statements

Main Features and Benefits of these statements are:

• Personalized benefit statements show each employee all employer provided benefits
• Shows the cost of each benefit paid by the employer
• Shows the employee how much the total benefit package is worth and adds the "hidden paycheck" to the employees regular pay
• Unlimited number and types of benefit may be illustrated
• Employee data may be easily transferred from the company payroll, human resources information system, or from other sources
• Produces social security retirement benefit projections

Employee Benefit Statement Samples

• Single Page
• Booklet