Why Create Total Compensation Statements for Your Employees?

Total Compensation Statements role in engaging employees

  • Many employees have no idea what their benefits are worth.
  • Your organization’s success requires engaged employees who are focused on achieving your organization’s goals.
  • Well-designed statements can improve employees' understanding and appreciation of their benefits.
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Ease Pain of Healthcare Cost Increases

  • Helping employees understand how much you are contributing to their health, dental, disability and other insurance programs helps employees better accept increases to their contributions.

Help employees make smart benefits decisions

  • The impact of targeted messages delivered through personalized communications can be staggering.
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Total Compensation Statements can support your CDHC goals

  • As we incent employees to take greater responsibility for health and wellness we need to take advantage of every opportunity to engage our workforce in discussions about health, wellness and the benefits we offer.
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Investing in Total Reward Statements Can Provide More Value Than Investing in Richer Employee Benefits

  • Employees can only appreciate the value of a benefit if they have understand of its monetary value. The truth is that most people have no idea how much it costs to purchase health insurance for their families — certainly not at the benefit levels provided by most companies.
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Why Total Compensation Statements?